Tag: 401(k)

5 Changes to 401(k)’s in the Proposed Tax Bill

Bloomberg provided a good summary of five changes to 401(k) under the new House of Representatives Tax Bill, and how they could affect plan participants. Continuing Contributions Currently, plan participants who take a hardship withdrawal from a 401(k) plan can’t contribute again for six months. The bill would eliminate that restriction. Bigger Hardship Withdrawals Currently, plan participants […] Read More