The Strike Effect

The Bureau of Labor Statistics released its October job report and while jobs were overall up, manufacturing jobs took a serious dip – a 36,000 dip.  Is this all due to the GM strike?

Final Rules for Hardship Distribution for Qualified Retirement Plans Issued by IRS

On November 9, 2018, the IRS published proposed rules to change the requirements for hardship distributions from a 401(k) or 403(b) retirement plan.  These rules grew out of the Bipartisan Budget Act of 2018, which opened the door for easing the rules governing hardship withdrawals from these plans.