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Hardship distributions will likely rise due to COVID-19. Here’s how to prepare for requests.

Hardship distributions will likely rise due to COVID-19. Here’s how to prepare for requests.

by cpaadmin | Jul 17, 2020 | Audit Procedures, hardship distributions

If your company offers a 401k plan in your benefits package, you already know that those funds should be kept out of reach until participants reach age 59½.  There are exceptions, however. Most 401k plans allow withdrawal before retirement age in cases of financial...

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