To amend the Internal Revenue Code of 1986 to allow hardship distributions from 401(k) plans to prevent the insolvency of a trade or business of the employee.
Small Business Access to Savings Act of 2008 - Amends the Internal Revenue Code to allow a tax-free hardship distribution from a 401k pension plan to prevent the insolvency of a trade or business of the plan participant.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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