FundeK
Sep 27 2004, 02:57 PM
Can a plan that uses the safe harbor defininition of hardships have a suspension period longer than 6 months?
FundeK
Sep 27 2004, 03:13 PM
I think I found my answer.
A Safe Harbor 401(k) with a match MUST use a 6 month suspension, nothing longer.
BUT, a plan using the safe harbor definition to determine hardship availability can use 6 months or 12 months.
Can someone please just agree with me?!