Top Compliance Stories
HR pop quiz: 401(k) hardship distributions
By Peter WestermanAfter an employee receives a hardship distribution of elective contributions from his or her 401(k) plan, generally the employee will be prohibited from…
Paperwork is a significant part of the human resources managers' job, including everything from hiring and tax documents such as W2s, W4s, I9s and background checks to ensuring all health and benefit plans meet state and federal standards (form 5500). This section provides tools, tips and resources to help ensure all procedures are compliant and documents are filed correctly.
After an employee receives a hardship distribution of elective contributions from his or her 401(k) plan, generally the employee will be prohibited from…