Money Management

SFMTA Didn’t Rip Off Taxi Medallion Lender

The San Francisco Municipal Transportation Agency has not reneged on its deal with a credit union to give loans to taxi drivers so they can buy medallions, the pieces of tin that make it possible to drive a taxi, a San Francisco Superior Court jury ruled on Monday afternoon. 12-member …

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IRS Updates Snapshot of Participant Loans

On September 28, the IRS updated the Issue Snapshot in which it discusses the laws and regulations governing plan loans. Many pension plans allow participants to take out loans from their retirement accounts, although the plans are not required to do so, the IRS said. Eligible plans that meet the …

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