plan loan offset amount
Defined in 1 place of the United States Code.
For purposes of clause (ii), the term "plan loan offset amount" means the amount by which the participant's accrued benefit under the plan is reduced in order to repay a loan from the plan.
Source
- 2017–present26 U.S.C. § 402Internal Revenue Code · Taxability of beneficiary of employees trust · in this section