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Hardship withdrawal programs require strict administration

$225.00

SKU: EBUfm173. Category: .

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Abstract: While not required, most 401(k) plans offer a hardship withdrawal option. The IRS recently updated its guidance on how plan sponsors can remedy errors in the administration of hardship withdrawals. This article highlights the basics of hardship withdrawals and how to correct mistakes when administering a hardship withdrawal program.

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