Menu
Log in
Forgot password

Welcome to the Phoenix Chapter of WP&BC

Log in
Forgot password

How to Handle Hardship Distributions

  • 19 Jan 2022
  • 12:00 PM - 1:00 PM
  • Virtual
  • 439

Registration

Registration is closed

Hardship distributions are a ubiquitous feature of 401(k) plan design. However, hardship distributions can cause headaches for those who have to process the distribution request. This webinar will cover the hardship distributions from A to Z. Topics include:

  • Distributions Overview
  • 401(k) Hardship Distributions Requirements
    • Financial Needs Test
    • Resources - Necessity Test
  • Documentation Requirements
    • Tips from the IRS
    • IRS Summary Substantiation Guidelines
  • Potential SECURE 2.0 Changes

Craig Hoffman

Attorney & Senior Consultant, Nova 401(k) Associates

Craig P. Hoffman is an Attorney/Senior Consultant with Nova 401(k) Associates in Houston, Texas. For over thirty-five years, Craig’s practice has focused exclusively on federal tax and ERISA matters relating to the design, implementation, and operation of tax-qualified retirement plans. He previously served as Counsel to the Trucker Huss law firm in San Francisco, California. Before joining Trucker Huss, Craig served 10 years as General Counsel for the American Retirement Association, (“ARA”), a national organization of over 20,000 members who provide actuarial, consulting, administrative, legal, investment and other professional services for qualified retirement plans and tax-sheltered annuities. Craig had previously served ARA as President, a member of the Board of Directors, Co-Chair of the Government Affairs Committee and Co-Chair of the Political Action Committee. Prior to joining ARA, Craig served for over 19 years as General Counsel to the Relius division of SunGard, which is now part of Fidelity National Information Services, Inc. (“FIS”).


Please feel free to reach out to WP&BC with any questions.

Privacy - Terms & Conditions

The Western Pension & Benefits Council Phoenix Chapter wants to continue to provide our members with the best experiences possible.

Direct Questions To:

info@wpbcphoenix.org
Powered by Wild Apricot Membership Software