In Service Distributions after 59 1/2

[Guest Sbart62]

I have a Safe Harbor 401-K Plan. Is it a general requirement that Elective Deferrals are available for In Service Distribution at age 59 1/2 or does this have to be spelled out in the plan document? Would the Safe Harbor Contribution (Basic Match) be treated the same?

Any help would be greatly appreciated.

Thanks,

SB

[Trekker]

If any of our clients desire age 59-1/2 in-service withdrawals from deferrals or any other account, we spell it out in the plan. This is an option and not a standard provision in our plans.