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403(b) loans are a way to borrow money from your 403(b) retirement account. Reliant We will deduct loan payments from your paychecks to "repay" the loan amount to your 403(b), along with interest and applicable fees for the loan.
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If you want to request a 403(b)(9) loan to be paid to you via direct deposit, please allow a minimum of 3-5 business days for processing. Also, you cannot make changes to your Personal profile within 30 days or requesting a loan to be paid out via direct deposit. If you change ANY personal information such as your password, email, etc., you will not be able to receive a loan via direct deposit. You will have to wait for a check to be mailed out. |
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