verbage on Hardship distribution forms about restarting deferrals

[Jim Chad]

We are looking at our hardship withdrawal form and want to had a paragraph. We have the paragraph about stopping deferrals for 6 months.

We want to had a paragraph to put responsibility to restart on the participant. We are discussing how to word this for plans with and without automatic enrollment and with and without automatic escalation.

Does any one have any suggestions?

What other problems have been caused by this situation or solutions you have tried?

[TPAJake]

We don't currently have any such language, but it's a fantastic idea & I hope someone posts something good!