Common use of Hardship Distributions Permitted Clause in Contracts

Hardship Distributions Permitted. (a) To the extent permitted by the Employer’s Plan, a distribution may be made to a Participant in the event of a Financial Hardship. (b) In processing any withdrawal request, the Custodian shall be fully entitled to rely on the Instructions furnished or certifications made by the Participant, and shall be under no duty to make any inquiry or investigation with respect thereto.

Appears in 4 contracts

Samples: Custodial Account Agreement, Custodial Account Agreement, 403(b)(7) Custodial Account Agreement

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