Q. We have a participant who is requesting funds from his 403(b) annuity account under the IRS qualifying hardship event — "purchase of primary residence.” But the request is to purchase a 2014 RV as a home to be used as the participant’s primary residence. Can an RV be considered, under the hardship guidelines, for “purchase of primary residence”?
A. Yes it can, if this will be their primary residence.
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