Retirement Loan Eraser
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Organization / Workplace
Retirement Loan EraserLocation
Dallas, Texas United StatesIndustry
Finance / Banking / Insurance
Website
https://www.loaneraser.comAbout
Retirement Loan Eraser ™ (RLE) is the only solution of its kind that prevents 401(k) loan defaults and associated cash outs due to involuntary job loss. According to a Wharton/Vanguard study, job loss accounts for 86% of the $7 billion in retirement plan loans that default annually. Most plan participants are unaware of the damage that loan defaults will do to their retirement plan accounts once the fees, penalties and lost retirement savings add up. RLE is an affordable, participant-paid loan protection program that is easy to implement and reduces fiduciary risk. Ask your recordkeeper about RLE or call us at 214.393.3532 for more information.