Hardship Distributions from 401 k Plans

Hardship Distributions from 401(k) Plans October 2014 Newsletter Manager’s office. It’s Zachary, a fairly new employee who entered the company’s 401(k) plan last month. He’s been deferring $40 a week into the plan, which means he has accumulated $160 by now. But last night his cable TV was shut off because he couldn’t afford to…