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What's the penalty on a 401(k) hardship withdrawal?
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asked
Dec 27, 2017
in
Other-Finance
by
facebone
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What's the penalty on a 401(k) hardship withdrawal?
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1 Answer
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answered
Jan 8, 2018
by
Judy
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If you're 59 years old or younger the penalty fee for an early 401 K withdrawal is 10 percent.
Only do an early withdrawal from your 401 K if absolutely necessary otherwise leave the 401 K alone.
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