Final Hardship Distribution Rules Are Here: Does Your 401(k) or 403(b) Plan Comply?

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Our Employee Benefits & Executive Compensation Group examines the numerous changes – mandatory and permissible – plan sponsors can make to their 401(k) or 403(b) plans in light of new regulations for hardship distributions.

  • When do you need to amend your plan?
  • What are the mandatory and permissible changes?
  • What next steps should you take?

Read the full advisory here.