United States:
Hardship Distribution Changes: What's Next?
24 July 2019
McDermott Will & Emery
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In 2018, the Treasury Department and the IRS issued new hardship
distribution rules applicable to defined contribution plans, and
many plans have begun administering these new rules. While plan
sponsors may want to wait for further IRS guidance before amending
their plans, they should take steps now to inform employees of
changes in hardship distribution administration.
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Hardship Distribution Changes: What's Next?
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