Mini-cast 220: ICYMI - Hardship Withdrawals from ESOP Accounts

We're revisiting a topical episode originally aired in April, 2022. Bret Keisling highlighted a blog post in Employee Ownership News by Adria Scharf about how Central States Manufacturing finds the balance between short term needs and retirement security through the use of hardship and in-service withdrawals. Bret looked at positives and potential ramifications to early withdrawals, including the balance between access to funds for those in need and the risk of depleting retirement funds prior to retirement. The full transcript of this episode along with the links to the topics mentioned are available on our website at https://www.theEsOpPodcast.com/post/mini-cast-220-icymi-hardship-withdrawals-from-esop-accounts