IRS Clarifies Amendment Period for Final Hardship Withdrawal Regulations

Published by Steve at December 20, 2019

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Revenue Procedure 2020-9, which the IRS issued on Dec. 12, 2019, establishes the deadline for amending 401(k) plans to comply with the new hardship withdrawal rules. Plan operational changes were still required by Jan. 1, 2020.
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IRS Clarifies Amendment Period for Final Hardship Withdrawal Regulations

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