This set of FAQs is part of a series dealing with the impact of COVID-19 on businesses. Government-mandated protocols and social distancing directives as a result of the COVID-19 pandemic have led to significant business...more
4/1/2020
/ 401k ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Furloughs ,
Hardship Distributions ,
Investment Adviser ,
IRS ,
PBGC ,
Popular ,
Retirement Plan ,
Vesting
The Internal Revenue Service (IRS) recently issued updated audit guidelines for its agents regarding the substantiation requirements for hardship withdrawals from 401(k) and 403(b) plans. This guidance is welcome news for...more