rim
Aug 10 1999, 08:40 PM
Is spousal consent required for a hardship distribution from a 401(k) plan?
MoJo
Aug 11 1999, 09:08 AM
If the plan is subject to the spousal consent requirements, then yes....
EGB
Aug 11 1999, 10:46 AM
As an addition to MoJo's comment, the plan will have spousal consent requirements if it contains joint and survivor annuities. If the plan contains only lump sums and/or installments, spousal consent should not be needed unless the plan specifically contains such a requirement.
pstowers
Aug 11 1999, 11:53 AM
This doesn't pertain just
to hardship withdrawals, but if the plan has lump sum as default distribution and options of J&S or installments, is a spousal consent form needed for a)hardship loan or withdrawal and b)Distribution at termination?
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