Hardship verification

[Guest jhilliard]

We have had several changes in our HR department and we are confused, who has the authority to approve withdrawal requests? Does it have to be a trustee? or can it be any of the authorized signers?

Thanks in advance for your help!

[Theresa Lynn]

The plan document should indicate if this is determined by the plan administrator, a benefits committee, or a selected group of individuals. Could you share what the plan says about hardship withdrawals? Is this a safe-harbor plan where the person making the decision has no discretion (and applies the safe-harbor checklist), or does the person determine if it meets the Code definition?