Guest Tamra Posted November 19, 1998 Share Posted November 19, 1998 I read in a 1992 PPD ERISA Newsletter that in 1993 Congress was expected to enact technical corrections that would include an exception to the 20% withholding requirement on certain hardship distributions. Any news on this? 20% still required for these distributions? Link to comment Share on other sites More sharing options...
Tom Poje Posted November 25, 1998 Share Posted November 25, 1998 my apologies for not responding sooner. I wanted to find the code section 402©(4)© refers "To any hardship distribution described in section 401(k)(2)(B)(i)(IV)" as no longer being an eligible rollover distribution. Thus, it appears, only deferral hardship distribution are not subject to the 20% withholding. Link to comment Share on other sites More sharing options...
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