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    mother123's Avatar
    mother123 Posts: 3, Reputation: 1
    New Member
     
    #1

    Jul 15, 2009, 11:51 AM
    401 k early withdrawal
    If I take an early withdrawal from my 401k, how will I be penalized come tax season?
    Perito's Avatar
    Perito Posts: 3,139, Reputation: 150
    Ultra Member
     
    #2

    Jul 15, 2009, 12:00 PM

    This should answer your question:

    401k Penalty

    PolitiFact | No. 508: Allow penalty-free hardship withdrawals from retirement accounts in 2008 and 2009

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