Aaron Finch hit the highest individual score in T20 history on Thursday night with his 156 from 63 balls against England: 156 Aaron Finch (Australia v England). 123 Brendon McCullum (New Zealand v Bangladesh, Sep 21, 2012).
A hardship distribution is a withdrawal from a participantâs elective deferral account made because of an immediate and heavy financial need, and limited to the amount necessary to satisfy that financial need. The money is taxed to the participant and is not paid back to the borrowerâs account.
DEFINITION of 'Hardship Withdrawal'. An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In the United States, funds withdrawn prior to the age of 59.5 are typically subject to a 10% Internal Revenue Service (IRS) early withdrawal penalty, as well as standard income taxes.