IRS Announces Plan Loans, Hardship Distributions Relief For Victims Of Hurricane Harvey
The Energy Law Blog
AUGUST 31, 2017
On August 30, 2017, in Announcement 2017-11, the IRS provided retirement plan loan and distribution relief from retirement plans described in Code Sections 401(a) (including 401(k) plans), 403(a), 403(b), and governmental eligible deferred compensation plans described in 457(b) (collectively “Retirement Plans”) to affected participants. An affected participant includes an employee or former employee whose principal residence or place of employment on August 23, 2017, was located in one of the Te
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