Trekker Posted December 6, 2007 Posted December 6, 2007 Are safe-harbor contributions (3% non-elective, basic match and enhanced match) available for in-service withdrawals at age 59-1/2? What about hardship? I should know this but I can not find a cite. The plan document would have to provide for this, but I need a cite that says what can or can not be done. Thanks.
Guest Robin.Wolf Posted December 6, 2007 Posted December 6, 2007 In-service withdrawals of safe-harbor contributions after age 59.5 are OK; hardship withdrawals are not. I think the cite is 401(k)(12)(E)
Jim Chad Posted December 6, 2007 Posted December 6, 2007 Safe Harbor contributions are not available for hardhip. SHNECs and SHMACs are available for in service at 59 1/2. 1.401(k)-1(d)(3)(ii)
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