Hardship Limitations

[PainPA]

From reviewing other posts that a hardship can be limited in a plan, to say 1 per plan year.

I do not see that avialable in my document without adding the criteria. Can it be like the loan policy administered outside the document?

[ETA Consulting LLC]

From reviewing other posts that a hardship can be limited in a plan, to say 1 per plan year.

I do not see that avialable in my document without adding the criteria. Can it be like the loan policy administered outside the document?

Possibly, but it would still need to be referenced from within the document. Even in the case of loans, the actual written document references the loan policy. Normally, prototypes are written to limit the number of distributions per year. If not, then it may be best to wait until the next round of restatements (to incorporate the limit).

Good Luck!

[BG5150]

Did you check with your document provider?

[PainPA]

I am using Ft William and I do not see any way to limit this by number or take it outside the document to a policy.

Thanks for your help.