12/26/2001: Analysis: New EGTRRA Guidance for 401(k) Plans (PDF) (Milliman USA)Excerpt: "The new guidance clarifies and simplifies three problematic situations that were not clear under the law and prior IRS guidance: implementation of the universal availability requirement for catch-up contributions offered to participants aged 50 and older; distributions upon severance of employment (as a result of corporate transactions such as a spin-off); and suspension of participation following a hardship withdrawal."
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