If you plan to withdraw funds from a tax-deferred account, make sure to carefully examine the rules on exemptions for early withdrawals. For more information on situations that are exempt from the early-withdrawal income tax penalty, visit the IRS website at www.irs.gov....
Check whether you qualify for a hardship withdrawal: Ahardship withdrawalis a withdrawal of funds from a retirement account to pay for an immediate or large financial need. If you qualify for a hardship withdrawal, you won’t be penalized for 401(k) early withdrawal. The following qualify for...