hardship withdrawals Archives

401(k) Hardship Withdrawals: No More Six-Month Contribution Suspensions

Lois Gleason, CEBS

24 Oct 201922 Oct 2019

In September 2019, the Internal Revenue Service (IRS) and Department of Treasury issued final regulations easing restrictions on hardship distributions from defined contribution retirement plans. While there were a number of important changes in the regulations, this blog focuses on changes regarding […]

401(k) Plans Defined Contribution (DC) Plans Employee Benefits Financial Education Retirement

The State of Defined Contribution Retirement Plans

Justin Held, CEBS

10 Sep 201910 Sep 2019

The number of organizations offering defined contribution (DC) retirement plans has held steady over the past two years (68.1%), making them the primary retirement vehicle for an increasing share of the U.S. workforce. From a worker perspective, DC plans have a number […]