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How much is available from a 401(k) account for a hardship withdrawal? In determining the amount available for a hardship withdrawal, you must first determine what the plan provides in regard to the contribution sources are allowed.  This information can be found [...]

How can I more effectively manage the costs of my defined benefit pension plan? One of the financial advantages of being the sponsor of a defined benefit pension plan is that the contributions to the plan are deductible for tax purposes, up to a [...]

How do you manage contribution levels in a pension plan? For the sponsor of a defined benefit pension plan, minimizing funding status volatility is the key to managing contribution levels.  If a plan sponsor allows the funding level of a [...]

How do I correct an operational error? An operational error is a plan qualification failure caused by not following the plan document provisions in the operation of the plan.  This type of qualification failure is referred to [...]

2011 Year End Compliance Checklist for Retirement Plans As 2011 comes to a close, plan sponsors should take an opportunity to review their plan to ensure it complies with various statutory and regulatory requirements. This checklist offers general [...]