Calculating Hardship Withdrawals

[Guest Suanne]

For a takeover plan, where the prior administrator cannot provide cumulative deferrals contributions since 1988, how are you calculating the maximum available for hardship?

[Guest ERead]

We're not. We put it back in the clients lap, and ask them to pull their payroll records to determine amount available on a case by case basis, rather than having them recreate the information for all participants.