Although the Plan is designed for long-term savings, you can borrow from your account. Following are the loan provisions:
Note: You are only allowed to have two loans outstanding on your 401(k) Savings Plan account. If you had a loan in the Farmers Profit Sharing Plan, Bristol West 401(k) Savings Plan, or the Zurich Savings Plan, you can take only one loan from the 401(k) Savings Plan until your existing loan is paid.
Ready to enroll in your 401(k) Savings Plan?
You will need your:
To request a loan, call (800) 523-1188 (hearing-impaired: (800) 749-7273) to speak with a Vanguard associate.