Please Note:
This profile was automatically generated using 2 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 2 references found on the Internet. This information has not been verified. Learn more...
Web References
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1. Benefits Bulletin
www.rmeb.com/bulletin/articles - [Cached]Published on: 1/1/1996 Last Visited: 3/1/2003
For any information regarding our Internet site or how to get your company involved in the Internet, please contact our network administrator, Travis Cornes at 801-486-3087 or send E-mail to travis@rmeb.com.
Client Inquiry
Q. What are the advantages and disadvantages of using the safe harbor method in determining eligibility for hardship withdrawals?
A. The principal advantage of using the safe harbor method in determining eligibility for hardship withdrawals is that the employer avoids having to dig into and verify a participant s personal financial situation. The main disadvantage is that it is less flexible in terms of when such distributions for hardship will be available, which may be a factor in making participation in the 401(k) plan less attractive to employees. -
2. Benefits Bulletin
www.moneek.com/rmeb/bulletin/a - [Cached]Published on: 1/1/1996 Last Visited: 4/15/2007
For any information regarding our Internet site or how to get your company involved in the Internet, please contact our network administrator, Travis Cornes at 801-486-3087 or send E-mail to travis@rmeb.com.

