---
title: "Hardship Distributions from 401(k) Plans – Retirement Plan Update October/November 2014"
date: 2014-10-06
author: "Site Admin"
categories:
  - name: "Newsletters"
    url: "/category/newsletters.md"
---

# Hardship Distributions from 401(k) Plans – Retirement Plan Update October/November 2014

[![Distributions](http://pinnacle-plan.com/wp-content/uploads/2014/09/iStock-Cash-Stack-150x150.jpg)](http://pinnacle-plan.com/wp-content/uploads/2014/09/iStock-Cash-Stack.jpg)

[View this Newsletter](http://pinnacle-plan.com/wp-content/uploads/2014/10/2014-Benefit-Insights-October-November.pdf "hardship distributions from 401k plans")

Focus: Hardship Distributions from 401(k) Plans

- Does the plan permit hardship distributions?
- What qualifies as a hardship?
- Are other financial resources available to the participant?
- Plan loans vs. Hardship Distributions
- What funds are available for hardship distribution? 
    - Employee deferral accounts
    - Employer-funded Accounts
- Documentation
- Taxation

By Robbie Petrillo

Pinnacle Plan Design is a third-party administrator (TPA) for employer-sponsored qualified retirement plans. We specialize in retirement plan design, administration and actuarial consulting for 401(k)/profit-sharing plans, defined benefit plans, cash balance plans, and 403(b) plans. Pinnacle Plan Design proudly serves businesses nationwide.