Julie
Apr 28 2004, 02:20 PM
I can't seem to find anything that talks about establishing a minimum amount for hardship withdrawals. Are we permitted to do so? If so, I'd be interested in knowing the limit that other companies have set.
Harwood
Apr 28 2004, 03:02 PM
It is allowed.
We recommend that it not be higher than $1,000.
RTK
Apr 28 2004, 03:53 PM
I have also seen a minimum of $1,000 or the account balance if less. The concern was discriminatory BRF if dollar minimum only.
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