Proposed Regulations on Hardship Changes Post Tax Act

Document Excerpt

SUMMARY: This document contains proposed amendments to the regulations relating to hardship distributions from section 401(k) plans. The amendments reflect statutory changes affecting section
401(k) plans, including recent changes made by the Bipartisan Budget Act of 2018. These regulations would affect participants in, beneficiaries of, employers maintaining, and administrators of
plans that contain cash or deferred arrangements or provide for employee or matching contributions.

Link

https://s3.amazonaws.com/public-inspection.federalregister.gov/2018-24812.pdf

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