Today’s guest blogger wonders if employees are addicted to 401(k) loans and suggests two ways plan sponsors can curb their use. Read on and let me know if you agree. –Andrea Davis, Managing Editor

For many plan sponsors the revolving door of 401(k) loans is an all-too-familiar issue. As technology has evolved, initiating a participant loan is as easy as a few clicks of the mouse. No credit checks, I’m borrowing my own money and paying myself back the interest, no creditors calling me if I default … how bad could it really be?

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