Effective June 15, 2017: The U.S. Prime Rate Has Increased from 4.00% to 4.25%. 

Hardship Withdrawals

This provision would be applicable if your plan allows hardship withdrawals/distributions. If so, certain amounts may be withdrawn if a participant has a financial hardship.  Hardship distributions will reduce the value of the benefits that participants will receive at retirement, so it is not a feature to be encouraged.