Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|IRS Says Self-Certification for Hardship Distributions Not Allowed|
June 4, 2015
"While the IRS has not issued a timing requirement, compliance with the rules for hardship distributions appears to be a high priority in IRS examinations, so plan sponsors may want to review their administrative practices and consider making changes. However, sponsors may also wish to consider that the IRS is already under some pressure to retreat from what many view as a 'new position.' "
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|