ERISA plan and medicaid Tag

On January 1, 2020, new federal rules went into effect relating to hardship distributions from 401(k)s and other ERISA plans. The new rule —  26 CFR 1.401(k)-1(d)(3)(ii)(B) —  broadens and changes the circumstances under which a 401(k) plan must be made available to employees.       Previously, a company with a 401K plan had the discretion to limit the ability of an active employee...