A SPARK news release said the questions and answers deal with a range of topics, including loans, hardship withdrawals, distributions, and data transmission standards. They are posted, along with previously answered questions and other materials related to the Best Practices, on the Institute’s web site at http://www.sparkinstitute.org/comments-and-materials.php.
“We encourage 403(b) plan providers and employers who have questions about our Best Practices to contact us at data-elements.questions@sparkinstitute.org to submit them and to notify us if they would like to be informed each time we update the Q&A site,” Larry H. Goldbrum, General Counsel, said.