Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Other Money & Services (https://www.askmehelpdesk.com/forumdisplay.php?f=238)
-   -   401k hardship withdrawel what penalties I am disabled (https://www.askmehelpdesk.com/showthread.php?t=461632)

  • Mar 31, 2010, 01:23 PM
    rhonda brooks
    401k hardship withdrawel what penalties I am disabled
    401k hardship withdrawl ,I am disabled,what penalities are their
  • Mar 31, 2010, 01:36 PM
    rhonda brooks

    Making 401k hardship withdrawl ,I am disabled will there be penalities
  • Mar 31, 2010, 01:44 PM
    rhonda brooks

    Hardship withdrawl 401k what are the penalities?I am disabled
  • Apr 3, 2010, 01:55 PM
    ebaines

    Hello Rhonda. If you are totally and permanently disabled, you can make withdrawals from your 401(k) without having to pay the 10% early withdrawal penaly. You WILL have to pay income tax on the withdrawal(s) however.

  • All times are GMT -7. The time now is 01:37 PM.