Guest Achilles Posted January 11, 2005 Posted January 11, 2005 Is there any IRS rule, or language in a plan document that states how to handle when a suspension period is about to end - meaning, if a participant was actively contributing prior to the dist., is it an automatic to start taking deductions again without notifying the participant? I know that if participants want to stop participating, they must submit a form stating they want to cease contributing. For a hardship, no form was signed by the participant. I know it's better to just notify the participant in advance, but does any law require this? Thanks in advance!
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now