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What kind of documentation is necessary for a financial hardship to be approved?

April 26, 2017Approved documentation financial hardship necessary

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What kind of documentation is necessary for a financial hardship to be approved?

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The IRS strictly limits the reasons for which you may make a financial hardship withdrawal. Your plan may require documentation concerning the amounts you need to withdraw (for example, medical bills) or your financial information to determine if you qualify for a withdrawal.