SBA’s Final Rule on Mentor-Protégé Programs: Key Changes for Government Contractors
PODCAST: Williams Mullen's Benefits Companion - New Hardship Distribution Regulations for 401(k) Plans
On the latest episode of Williams Mullen's Benefits Companion, Brydon DeWitt and Ellie Clendenin discuss the new hardship distribution regulations and what plan sponsors need to know this year and for 2020....more
The U.S. federal securities laws and the rules of U.S. self regulatory organizations (such as the Financial Industry Regulatory Authority) impose certain reporting and compliance obligations on investment advisers and funds....more
If your 401(k) plan recordkeeper has not talked to your company lately about hardship distributions, it may be time to reach out to the recordkeeper. The short story is that the IRS recently issued an internal memorandum...more
In today’s virtual world, we suspect most plan sponsors rely upon the self-certification process to document and process 401(k) distributions made on account of financial hardship. The IRS has recently issued examination...more