5 CFR 1655.6 - Amount of loan.
(b) Maximum amount. The principal amount of a new loan must be less than or equal to the smallest of the following:
(1) The portion of the participant's individual account balance that is attributable to employee contributions and attributable earnings (not including any outstanding loan principal);
(2) 50 percent of the participant's vested account balance (including any outstanding loan balance) or $10,000, whichever is greater, minus any outstanding loan balance; or
(3) $50,000 minus the participant's highest outstanding loan balance (if any) during the last 12 months.
Title 5 published on 2014-01-01
no entries appear in the Federal Register after this date.