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Unforeseeable Emergency Distributions from 457(b) Plans
Belfint Lyons & Shuman, CPAs Link to more items from this source
[Guidance Overview]
July 30, 2014
"Unlike hardship distributions from 401(k) and 403(b) plans, hardship distributions from 457(b) plans may not be made for the acquisition of a principal residence or for the payment of tuition and related educational fees.... Operational errors in this area are common, and usually the result of plan sponsor's ignorance of the rules regarding what constitutes a hardship, or an incorrect assumption that the third party administrator will collect the necessary backup."

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