401(K) PLANS: Does This Qualify as a Hardship Distribution? How Involved Should a TPA Be?
When a 401(k) plan allows participants the option to take a safe harbor hardship distribution, it may encourage participants to contribute to the plan because they know they will have funds available if they really need them. It is in the best interest of the plan, though, for the plan sponsor to fo...
Saved in:
Published in | Journal of pension benefits Vol. 25; no. 2; pp. 44 - 46 |
---|---|
Main Authors | , |
Format | Journal Article |
Language | English |
Published |
New York
Aspen Publishers, Inc
01.01.2018
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Abstract | When a 401(k) plan allows participants the option to take a safe harbor hardship distribution, it may encourage participants to contribute to the plan because they know they will have funds available if they really need them. It is in the best interest of the plan, though, for the plan sponsor to follow all necessary guidelines for hardship distributions to avoid a qualification issue. |
---|---|
AbstractList | When a 401(k) plan allows participants the option to take a safe harbor hardship distribution, it may encourage participants to contribute to the plan because they know they will have funds available if they really need them. It is in the best interest of the plan, though, for the plan sponsor to follow all necessary guidelines for hardship distributions to avoid a qualification issue. |
Author | Canter, Stephen Baker, Melissa |
Author_xml | – sequence: 1 givenname: Melissa surname: Baker fullname: Baker, Melissa – sequence: 2 givenname: Stephen surname: Canter fullname: Canter, Stephen |
BookMark | eNqNyrsKwjAUgOEMClr1HQ646FBIbbzEpdQbFUUUuzhJpClNKUntaRTf3g4-gNM__J9DWtpo2SJdj864y-iMdYiDmFPq-VNGu-TGqDc6jOF8DE_XJWyMRIgzhXCxolDpBwSCgEhUCWaqhI3CulIPWyujA4jMG_b6ZYqXTOCaGVskDY7PIaxk0CftVBQoB7_2yHC3jdeRW1bmaSXW99zYSjfr7vEFZ3zOJ77_n_oCroY_1w |
ContentType | Journal Article |
Copyright | Copyright Aspen Publishers, Inc. Winter 2018 |
Copyright_xml | – notice: Copyright Aspen Publishers, Inc. Winter 2018 |
DBID | 7WY 7WZ 7X7 7XB 8FI AFKRA AZQEC BENPR BEZIV CCPQU DWQXO FYUFA F~G GNUQQ GUQSH K6~ M0C M0T M2O MBDVC PADUT PQBIZ PQEST PQQKQ PQUKI PRINS PYYUZ Q9U S0X |
DatabaseName | ABI商业信息数据库 ABI/INFORM Global (PDF only) Health & Medical Complete (ProQuest Database) ProQuest Central (purchase pre-March 2016) Hospital Premium Collection ProQuest Central ProQuest Central Essentials AUTh Library subscriptions: ProQuest Central Business Premium Collection ProQuest One Community College ProQuest Central Health Research Premium Collection ABI/INFORM Global (Corporate) ProQuest Central Student Research Library Prep ProQuest Business Collection ABI/INFORM Collection ProQuest Healthcare Administration Database ProQuest research library Research Library (Corporate) Research Library China ProQuest One Business ProQuest One Academic Eastern Edition (DO NOT USE) ProQuest One Academic ProQuest One Academic UKI Edition ProQuest Central China ABI/INFORM Collection China ProQuest Central Basic SIRS Editorial |
DatabaseTitle | ABI/INFORM Global (Corporate) ProQuest One Business Research Library Prep ProQuest Central Student ProQuest Central Essentials SIRS Editorial ProQuest One Community College ProQuest Central China ABI/INFORM Complete ProQuest Central Health Research Premium Collection ProQuest Central Korea ProQuest Research Library Research Library China Business Premium Collection ABI/INFORM Global ProQuest Central Basic ProQuest One Academic Eastern Edition ProQuest Health Management ABI/INFORM China ProQuest Hospital Collection ProQuest Business Collection ProQuest Health & Medical Complete ProQuest One Academic UKI Edition ProQuest One Academic |
DatabaseTitleList | ABI/INFORM Global (Corporate) |
Database_xml | – sequence: 1 dbid: BENPR name: AUTh Library subscriptions: ProQuest Central url: https://www.proquest.com/central sourceTypes: Aggregation Database |
DeliveryMethod | fulltext_linktorsrc |
Discipline | Economics |
EndPage | 46 |
GeographicLocations | United States--US |
GeographicLocations_xml | – name: United States--US |
GroupedDBID | 29L 3V. 5GY 7WY 7X7 7XB 8FI 8VB ADBBV AEMOZ AFKRA AHMBA AKVCP ALIPV ALMA_UNASSIGNED_HOLDINGS AQUVI AZQEC BENPR BEZIV BPHCQ BVXVI CCPQU DWQXO EBA EBO EBR EBU EMK EPL FYUFA GNUQQ GROUPED_ABI_INFORM_RESEARCH GUQSH HMCUK IAO IGG IOF ITC K1G K6~ M0C M0T M2O MBDVC N95 PADUT PQBIZ PQEST PQQKQ PQUKI PRG PRINS PROAC Q9U QWB S0X TAE TH9 U5U UKHRP ZL0 |
ID | FETCH-proquest_journals_19894979233 |
IEDL.DBID | BENPR |
ISSN | 1069-4064 |
IngestDate | Thu Oct 10 21:19:29 EDT 2024 |
IsPeerReviewed | true |
IsScholarly | true |
Issue | 2 |
Language | English |
LinkModel | DirectLink |
MergedId | FETCHMERGED-proquest_journals_19894979233 |
PQID | 1989497923 |
PQPubID | 31905 |
ParticipantIDs | proquest_journals_1989497923 |
PublicationCentury | 2000 |
PublicationDate | 20180101 |
PublicationDateYYYYMMDD | 2018-01-01 |
PublicationDate_xml | – month: 01 year: 2018 text: 20180101 day: 01 |
PublicationDecade | 2010 |
PublicationPlace | New York |
PublicationPlace_xml | – name: New York |
PublicationTitle | Journal of pension benefits |
PublicationYear | 2018 |
Publisher | Aspen Publishers, Inc |
Publisher_xml | – name: Aspen Publishers, Inc |
SSID | ssj0013540 |
Score | 4.1391644 |
Snippet | When a 401(k) plan allows participants the option to take a safe harbor hardship distribution, it may encourage participants to contribute to the plan because... |
SourceID | proquest |
SourceType | Aggregation Database |
StartPage | 44 |
SubjectTerms | Beneficiaries Certification Deferred compensation Documentation Foreclosure Memoranda Retirement plans Safe harbor Third party administrators |
Title | 401(K) PLANS: Does This Qualify as a Hardship Distribution? How Involved Should a TPA Be? |
URI | https://www.proquest.com/docview/1989497923 |
Volume | 25 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV1LT8JAEJ4IHPRifEYUySR60EOjhaVbvBAQCL6aRmqCJ9LdLsFLqy5q_PfulG1IPHDezWZf-eb9DcC59HwmG1S65QljoBgZ6_hGcDpMSXfW5K7kOe3iU-CNXtj9pDWxDjdt0yoLTMyBOskk-civKLeHtYntrvP-4VDXKIqu2hYaJag0XEZh2kpvEITPqzhCa1kSee21jaVEtAL_EDcXI8Md2Lb6H3aXD7YLGyrdg82iPFjvw6sxRS4eLjF87AbjG-xnSmM0f9OYs13MfjHWGCMF3CnPCvtEfGt7VnVwlP3gXWoQ51slOJ5T-2ozOQq72FOdAzgbDqLbkVPsbWo_kp6ujt08hHKapeoIkMettuJuwnjTZUpI3xNCKD8m6nUvaYgq1NatdLx--AS2jFbgL_0MNSgvPr_UqZG8C1GHEp_wur3kPzGSiIY |
link.rule.ids | 315,786,790,12083,21416,31752,33777,43343,43838 |
linkProvider | ProQuest |
linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfV1LT8JAEJ5oOeDF-Iwo6iR60EOjpW8vTRFIEWiI1ARPpNsuwUurFjX-e3faJSQeOO9ms6988_4G4DqxHCNpUemWxYSBImSs6gjBqRo80ea6rSV2Sbs4Cq3gxXiamlPpcCtkWuUKE0ugTvOEfOR3lNtjuMR2571_qNQ1iqKrsoXGNtSIctNRoNbuhuPndRzBrEoi7y1XWEpEK_APcUsx0tuDXan_oV892D5s8ewA6qvy4OIQXoUpcjO4xfHQDycP2Ml5gdHircCS7WL-i3GBMVLAnfKssEPEt7JnlYdB_oP9TCDON09xsqD21WJyNPaxzb0juOp1o8dAXe1tJj9SMVsfWz8GJcszfgJox6bLbS01bF0zOEscizHGnZio1620xRrQ3LTS6ebhS6gH0Wg4G_bDwRnsCA3BqXwOTVCWn1_8XEjhJbuQV_0HkIeKlQ |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=401%28K%29+PLANS%3A+Does+This+Qualify+as+a+Hardship+Distribution%3F+How+Involved+Should+a+TPA+Be%3F&rft.jtitle=Journal+of+pension+benefits&rft.au=Baker%2C+Melissa&rft.au=Canter%2C+Stephen&rft.date=2018-01-01&rft.pub=Aspen+Publishers%2C+Inc&rft.issn=1069-4064&rft.volume=25&rft.issue=2&rft.spage=44&rft.epage=46 |
thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=1069-4064&client=summon |
thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=1069-4064&client=summon |
thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=1069-4064&client=summon |