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Plan Code: 01012010Wells Fargo & Company 401(k) Plan loan payment form Use this form to make a payment on your Wells Fargo & Company 401(k) Plan (401(k) Plan) loan. Do not use this form to pay off
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A Wells Fargo 401k loan is a loan taken out against the balance of a 401k retirement savings plan administered by Wells Fargo, allowing participants to borrow money from their own retirement savings.
Individuals who wish to take a loan from their Wells Fargo 401k plan must file the loan application with the plan administrator.
To fill out a Wells Fargo 401k loan application, you need to provide personal information, loan amount, reason for the loan, and agree to the terms specified by Wells Fargo.
The purpose of a Wells Fargo 401k loan is to provide individuals access to funds for various financial needs while allowing them to repay the loan through payroll deductions.
Information that must be reported includes the loan amount, repayment terms, personal identification details, and the reason for the loan.
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