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2. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

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   A hardship withdrawal allows the owner of a 401(k) plan or a similar retirement plan — such as a 403(b) — to withdraw money from the account to meet a dire financial need.

3. The pros and cons of taking out a 401(k) loan - AOL

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   Early withdrawals are less attractive than loans. One alternative to a 401(k) loan is a hardship distribution as part of an early withdrawal, but that comes with all kinds of taxes and penalties ...

4. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

   www.aol.com/finance/5-ways-avoid-taking-early...

   Hardship: You may be able to take a penalty-free distribution from a 401(k) if you can show an immediate and heavy financial need, according to the IRS. The withdrawal is limited to the amount ...

5. How To Withdraw Money From Your 401(k) - AOL

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   Hardship Withdrawals. The IRS allows 401(k) account holders to withdraw funds for hardship, which is defined as “an immediate and heavy financial need.” ... 401(k) Loans. A 401(k) loan is a ...

6. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

   www.aol.com/finance/8-ways-penalty-free...

   “When the 401(k) has both a loan provision and hardship withdrawal provision, the participant must first use the loan provision before going to hardship,” Gordon says. 7. Higher education expenses

7. How to withdraw money from a 401(k) early - AOL

   www.aol.com/finance/withdraw-money-401-k-early...

   Impact of a 401(k) loan vs. hardship withdrawal. Before making a decision on which course to pursue, consider the financial impact of each. For example, consider this scenario developed by 401(k) ...