Share with your friends

Final regulations: Hardship distributions from section 401(k) plans (text of regulations)

Hardship distributions from section 401(k) plans

The U.S. Treasury Department and IRS this afternoon released for publication in the Federal Register final regulations (T.D. 9875) as guidance concerning hardship distributions from section 401(k) plans.


Related content

These final regulations [PDF 341 KB] adopt regulations that were proposed in November 2018 “as revised by this Treasury decision.”

With today’s release, the regulations that were proposed in November 2018 under section 401(k) and (m) are finalized. The preamble to today’s release states that no public hearing was requested or held, but that seven comments on the proposed regulations were received and were considered as part of the regulatory process.

The final regulations will be published in the Federal Register on September 23, 2019.

The purpose of this report is to provide text of the final regulations.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal