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Updated over 5 years ago on . Most recent reply
![Anthony Smoke's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1492174/1621512856-avatar-anthonys435.jpg?twic=v1/output=image/crop=180x180@0x29/cover=128x128&v=2)
Solo 401K loans - what are the limits?
So I have a Solo 401K plan where I am the trustee, since the IRS allows loans on the Solo 401K to the participant. I have some questions on the IRS rules for loans from a Solo 401K?
Is there a maximum term length? (i.e. 5 years, 10 years, 30 years, etc)
Is there a maximum percentage of the total value that can be loaned? (10% of total value, 20%, etc)
Is there a minimum interest rate that needs to be charged on the loan?
Thank you in advance for any responses.
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![Yonah Weiss's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/914541/1672367078-avatar-yonahw18.jpg?twic=v1/output=image/crop=2612x2612@1111x296/cover=128x128&v=2)
Yonah Weiss
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@Anthony Smoke great questions. I hope an expert like @Bernard Reisz can chime in with some answers for us all.