The IRS recently amended the rules applicable to hardship distributions from 401(k) and 403(b) plans. The new hardship distribution regulation relaxes some of the restrictions on the availability of hardship distributions...more
12/9/2019
/ 401k ,
403(b) Plans ,
Administrative Procedure ,
Amended Rules ,
Benefit Plan Sponsors ,
Bipartisan Budget Act ,
Hardship Distributions ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Plan Administrators ,
Safe Harbors ,
Tax Cuts and Jobs Act ,
Tax Relief
In response to an Executive Order issued by the President last year directing regulatory action to expand access to workplace retirement plans, the U.S. Department of Labor (DOL) issued final regulations on the definition of...more