Repayment of Hardship money allowed?

[Guest m.n.ouellette]

Hi. I have a participant of a client that needs money as a hardship, and quickly (of course!). But she says that she may possibly be getting a large sum of money very soon from another source, and she would like to repay her hardship to avoid tax and penalty. Is this possible? I am confusing myself with all of these hardship rules, and I'd like some other opinions.

Thanks.

[Blinky the 3-eyed Fish]

Have her take a loan. You can't repay a hardship.

If she can't take a loan, are in-service distributions available? She could effectively "borrow" the money for 60 days under that scenario.