Excess Loans

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Dictionary Says

Definition of 'Excess Loans'

A loan made by a state chartered or national bank to an individual that is over the loan lending limit as established by law. The legal lending limit establishes the rule that state-chartered banks cannot loan more than 10% of their capital to any one borrower; national banks cannot lend more than 15% of their capital.
Investopedia Says

Investopedia explains 'Excess Loans'

Regulators want banks to lower their risk of loan default by not making large loans to individual borrowers in this way. If a bank chooses to make an excess loan the bank's Board of Directors could become liable in the event that the borrower goes into default. 

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Search results for

'Excess Loans'

  • How To Correct Ineligible (Excess) IRA Contributions

    http://www.investopedia.com/articles/retirement/04/042804.asp
    How To Correct Ineligible (Excess) IRA Contributions. ... Mary decides to remove the
    excess amount on April 15, when the balance of IRA No.1 is $16,800. ...

  • An Introduction To Correcting Ineligible IRA Contributions

    http://www.investopedia.com/articles/retirement/04/033104.asp
    ... March 08 2011 | Filed Under » IRA, Retirement, Retirement Plans, Taxes. Sometimes,
    in our eagerness to fund our IRAs, we contribute amounts in excess of the ...

  • Tax Treatment Of Ineligible IRA Rollovers

    http://www.investopedia.com/articles/retirement/04/041404.asp
    ... 2004 | Filed Under » 401K, IRA, Retirement, Retirement Plans, Taxes. Generally,
    any ineligible amount that is credited to an IRA can create excess contributions ...

  • Avoiding IRS Penalties On Your IRA Assets

    http://www.investopedia.com/articles/retirement/03/081303.asp
    ... Tax on Excess Contributions Each year there is a maximum limit on the amount you
    may contribute to an IRA. For instance, for 2010, the limit is $5,000. ...

  • How do I avoid paying excess taxes on securities I have sold?

    http://www.investopedia.com/ask/answers/07/taxtipsecurities.asp
    ... Personal Finance; Credit & Loans; Insurance; Retirement; Home & Auto; Savings;
    Budgeting; ... How do I avoid paying excess taxes on securities I have sold? ...

  • Will I incur a tax penalty when making withdrawls from my IRA in ...

    http://www.investopedia.com/ask/answers/06/withdrawalbeyondSEPP.asp
    ... Will I incur a tax penalty when making withdrawls from my IRA in excess
    of my SEPP? Unfortunately, the IRA is "locked" for five ...

  • I overcontributed to my Roth, then lost half of this money to the ...

    http://www.investopedia.com/ask/answers/09/excess-contribution.asp
    ... Personal Finance; Credit & Loans; Insurance; Retirement; Home & Auto; Savings;
    Budgeting; ... If the excess contribution is removed from your Roth IRA by your tax-filing ...

  • How do I get credit for my retirement plan contributions?

    http://www.investopedia.com/ask/answers/07/taxtipplan.asp
    ... return of excess contributions, loans from your qualified plan or 403(b) account
    treated as distributions and distributions from a limitary retirement plan. ...

  • 5 Ways To Lose Your Retirement Nest Egg

    http://www.investopedia.com/articles/retirement/06/5WaysToLose.asp
    ... Hardship withdrawals from qualified plans and 403(b) accounts; Excess contributions
    that are withdrawn or returned from your retirement account; Loans that are ...

  • 403(b) Plan: Distributions | Investopedia

    http://www.investopedia.com/university/retirementplans/403b/403b3.asp
    ... or deferrals and any income allocable to the excess, or a corrective distribution
    of excess annual additions and any allocable gains; Loans treated as ...

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