Jump to content

Earnings distributed in Hardship Distribution

Guest BDS

Recommended Posts

Guest BDS

A participant was paid out his full account balance when the participant requested a hardship. From my understanding earnings on elective deferrals are not to be taken from the account. What are the ramifications for the participant and/or TPA?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Create New...