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401(k) Plans

Deferrals supposed to be suspended for 12 months after hardship distribution but 4 months after the distribution he starts deferring again; trouble?

Guest MNR

By Guest MNR
September 26, 2003 in 401(k) Plans

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Guest MNR

Guest MNR

Posted September 26, 2003

Posted September 26, 2003

Participant receives hardship and deferrals are suspended for 12 months. The participant, however, starts deferrals only after 4 months into the suspension. What to do?

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https://benefitslink.com/boards/topic/21436-deferrals-supposed-to-be-suspended-for-12-months-after-hardship-distribution-but-4-months-after-the-distribution-he-starts-deferring-again-trouble/

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