Mark Manning
Aug 17 1999, 01:38 AM
For employees (non-key, non-highly compensated) who take out hardship withdrawals, should they still receive 3% mandatory Top Heavy employer contributions?
Thanks
LCARUSI
Aug 17 1999, 02:38 PM
Yes.
Election to take a permitted withdrawal under the terms of the plan would not affect the participant's eligibility for a top heavy contribution.