|
401k Early Withdrawal Penalty - How to Avoid This Major Iceberg There are some exceptions for when you won't have to pay this penalty. However, these tend to be for unique circumstances, such as death of the 401k plan participant, rolling the funds into a IRA or some other retirement account, a hardship, the participant has a qualifying disability, and a few others. It is a good idea to learn all the different exceptions to the early withdrawal penalty. [VIEW ARTICLE]Comments RSS Feed For This Article: 
|
|
|
| ARTICLE COMMENT GUIDELINES |
| Important Disclaimer: Article Comments provided on any EzineArticles.com article are for general information purposes only and are not intended to substitute for informed professional medical, psychological, tax, accounting, legal, investment, or any other professional advice. EzineArticles.com expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in these comments or anywhere else within the site. Lastly, EzineArticles.com does not endorse any article comment. Use at your own risk. |
© EzineArticles.com - All Rights Reserved Worldwide.
Subject: 401 penalties
I need to cashout my 401k due to hardship of losing a house, will this be considered without paying additional penalties. I'm not employed, it's a sitting 401k plan from previous work. Is this negotiable with the funding firm?