HR pop quiz: 401(k) hardship distributions

After an employee receives a hardship distribution of elective contributions from his or her 401(k) plan, generally the employee will be prohibited from…

By Peter Westerman | November 21, 2011 at 02:02 PM

After an employee receives a hardship distribution of elective contributions from his or her 401(k) plan, generally the employee will be prohibited from making elective contributions and employee contributions to the plan and all other plans maintained by the employer for at least how many months after receipt of the hardship distribution?

A) 3 months

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