401(k) Loans

Our 401(k) plan through Principal has a loan feature, allowing staff to borrow from their retirement savings for today's expenses.  If you are considering taking out a loan on your 401(k) plan, follow these steps:

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• Review this document for important considerations prior to taking out a 401(k) loan.

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• Review your current account balance at www.principal.com/welcome

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• Call Principal at 1-800-547-7754 to get your questions answered, and if applicable, initiate a loan.  Representatives are available to assist you Monday through Friday, 7:00am to 9:00pm CST.

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• You can also log onto the Principal portal at www.principal.com with your personal log-in information and navigate to your 401(k) account dashboard and select "My Options".

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