Paul Vickers
Oct 25 2000, 09:47 AM
Can anyone provide, or direct me to, statistical information as to what percentage of profit sharing plans permit in service withdrawals (other than hardship)?
Thank you.
Brian4
Nov 6 2000, 11:01 AM
Look at the 1997 Employee Benefits Survey at the following website, tables 158-161. Also, for profit sharing 401(k) plans, note that in-service withdraws are generally prohibited before 59 1/2, with an exception for hardship.
http://stats.bls.gov/ebshome.htm