Archive for August 5th, 2008

If depleting your 401K while unemployed , any hardship criteria to offset taxes and penalties for early WD ?

Tuesday, August 5th, 2008
401k
nikkisdaddyo2000 asked:

In order to avoid bankruptcy, during a 9 month period of unemployment, It was necessary to take early distribution monthly from 401K for income. Are there any hardship provisions for this type of “forced” early distribution?


Question posted courtesy of: Wilma
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