SPD Language, Hardship Distributions for 401(k) Plans | Practical Law

A Standard Clause to be added to the summary plan description (SPD) of a 401(k) plan that provides for hardship distributions. This Standard Clause has integrated notes with important explanations and drafting tips.

SPD Language, Hardship Distributions for 401(k) Plans

Practical Law Standard Clauses w-019-7651 (Approx. 7 pages)

SPD Language, Hardship Distributions for 401(k) Plans

by Practical Law Employee Benefits & Executive Compensation

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Maintained • USA (National/Federal)

A Standard Clause to be added to the summary plan description (SPD) of a 401(k) plan that provides for hardship distributions. This Standard Clause has integrated notes with important explanations and drafting tips.