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Administering Hardship Distributions Should Not Be a Hardship
Ferenczy Benefits Law Center Link to more items from this source
[Guidance Overview]
Aug. 15, 2019

"[1] Make sure your clients understand the procedures for hardships; [2] Always check your client’s plan document before you process a hardship distribution ... [3] Develop and provide your clients with a 'substantiation package' to conform to the notice and certification requirements ... [4] If you provide plan documentation to your clients, make sure you are set up to provide your clients with the amendment to remove the deferral suspension requirement before the due date ... and [5] Make sure that someone is properly preparing Forms 1099-R for hardship distributions and that the form provides that the distribution is not eligible for rollover."

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