Loans

You are permitted to borrow from your JRB account. A loan provides an opportunity to access your money without taking a taxable distribution.

The amount you can borrow is 50% of your account balance, up to a maximum of $50,000.

Loans are subject to interest.  However, the interest is repaid to your JRB account.  There is a one-time set-up fee of $150 to obtain a loan. Generally, loans should be repaid within five years.

Keep in mind that by borrowing money from your account, you reduce the assets that can compound over time to help you achieve a secure financial retirement.

For more information, or to apply for a loan, please call us at 888-JRB-FREE (888-572-3733).