Levertki1 t1_j6o6hng wrote on January 31, 2023 at 6:45 PM

Reply to comment by nothlit in Claiming refund for 401(k) withdrawal penalty by Mega_Fry

Last one you posted before you changed it.

nothlit t1_j6o770h wrote on January 31, 2023 at 6:49 PM

This? https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-hardship-distributions

That just means you're allowed to take the withdrawal for that reason. It doesn't mean it's exempt from the 10% penalty.

> Hardship distributions are subject to income taxes (unless they consist of Roth contributions). They may also be subject to a 10% additional tax on early distributions.