Plan Language, Loans and Qualified Hurricane Distributions Due to Hurricanes Harvey, Irma, and Maria | Practical Law

Plan Language, Loans and Qualified Hurricane Distributions Due to Hurricanes Harvey, Irma, and Maria | Practical Law

Standard Clauses adding provisions to a qualified defined contribution plan to provide relief from certain loan requirements and to permit qualified hurricane distributions for participants adversely affected by Hurricanes Harvey, Irma, and Maria, as permitted under the Disaster Tax Relief and Airport and Airway Extension Act of 2017. These Standard Clauses have integrated notes with important explanations and drafting tips.

Plan Language, Loans and Qualified Hurricane Distributions Due to Hurricanes Harvey, Irma, and Maria

by Practical Law Employee Benefits & Executive Compensation
Law stated as of 03 Oct 2019USA (National/Federal)
Standard Clauses adding provisions to a qualified defined contribution plan to provide relief from certain loan requirements and to permit qualified hurricane distributions for participants adversely affected by Hurricanes Harvey, Irma, and Maria, as permitted under the Disaster Tax Relief and Airport and Airway Extension Act of 2017. These Standard Clauses have integrated notes with important explanations and drafting tips.