BG5150 Posted March 25, 2013 Posted March 25, 2013 Participant has money in 401(k), Safe Harbor, Profit Sharing and funds transferred from a money purchase plan. Trying to figure out maximum hardship availability. Can the MP Transfer money be taken? I know MP transfers retain the J&S provisions. But can they be taken for hardships? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
rcline46 Posted March 25, 2013 Posted March 25, 2013 MP funds are not available for hardship. That is why pension plans do not have hardship provisions.
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