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Continuing to defer after hardship distribution.


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Guest Thornton
Posted

We have plan where a participant reveived a hardship distribution. In spite of instructions to do stop the participant's deferrals for one year, the employer failed to do so. How is this corrected?

Posted

See Question 21 in the Q&A section for Plan Defects: Correction/VCR/CAP at BenefitsLink.com. It provides two methods of correction.

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