austin3515 Posted May 14, 2013 Posted May 14, 2013 Participant is age 62. Plan does not allow for any in-service distributions other than hardships. Is the Safe Harbor Nonelective / Match money available? Austin Powers, CPA, QPA, ERPA
BG5150 Posted May 14, 2013 Posted May 14, 2013 Available how? For hardships? If the doc allows, yeah. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
austin3515 Posted May 14, 2013 Author Posted May 14, 2013 Forget about what the document says - is it legal for the document to say this is OK? Austin Powers, CPA, QPA, ERPA
austin3515 Posted May 14, 2013 Author Posted May 14, 2013 But for ha ha's it does say "hardships are NOT permitted from a participant's QNEC account (including any 401k Safe Harbor Contributions)." But COULD the document permit it? Austin Powers, CPA, QPA, ERPA
BG5150 Posted May 14, 2013 Posted May 14, 2013 Sure. But not before 59 1/2. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
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