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    lwomack1's Avatar
    lwomack1 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 21, 2009, 11:44 AM
    Early Pension Withdrawl
    My Husband and I have both lost our jobs. We are four months behind on our mortgage. I have a pension with AT&T 13years. I want do do any early withdrawl from my pension and was told I couldn't. Is there way to override the company's policy>
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Apr 21, 2009, 11:46 AM

    If it's a defined benefit plan, no. If it's a defined contribution plan, then you may qualify for a hardship withdrawl if its to avoid foreclosure.
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