Loans are available from a minimum of $1,000 to a maximum of $50,000 from each employer. How much you can borrow depends on the amount you currently have in the plan and whether you have other outstanding loans. If you have accumulations in other employer's plans, you may be able to transfer or roll them over to the Wake Forest University Tax-Deferred Annuity Plan to increase your maximum loan amount if Wake Forest University Tax-Deferred Annuity Plan accepts rollovers.

"Should you default on a loan, you may no longer obtain future loans."