### Question
How does the law define plan loan offset amount?


### Answer
Under *26 U.S.C. § 402*, **plan loan offset amount** is defined as:

> the amount by which the participant's accrued benefit under the plan is reduced in order to repay a loan from the plan

#### Citation:
  - *26 U.S.C. § 402*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter D-Deferred Compensation, Etc. > PART I-PENSION, PROFIT-SHARING, STOCK BONUS PLANS, ETC. > Subpart A-General Rule**

