An employer terminated their DB plan and rolled it into a new 401(k) plan. I have been informed that the DB rollover money is not available for hardship or loans.

Any comments?
Thanks

A plan can be designed to limit the source of loans or in-service withdrawls. Participants do not have rights to loans or in-service withdrawals unless an improper cut back is involved.

Be careful with terms that resemble terms of art, such as "rolled." If you misuse the term, you may get on the wrong track. The implications of money moving as a rollover are different from the implications of money moving by transfer. I am not suggesting that you misused the term.