A 401K withdrawal is a withdrawal of money that had previously been deposited into a 401K account. As of 2015, early withdrawals on a 401K account are generally taxed as regular income and can face an additional 10 perce... More » Business & Finance Financial Planning

A calculator for 401k early withdrawals is available at the website of Wells Fargo at The calculator requires six values to work. These are the amount considered for early withdrawal, federal and state in... More » Business & Finance Investing

When account holders withdraw funds from 401k accounts after reaching retirement age, the money is subject to normal income tax rates, according to the IRS. There is a 10 percent tax penalty for removing money from 401k ... More » Business & Finance Financial Planning
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The main benefit of a 401(k) hardship withdrawal is the amount of money it provides to meet genuine emergencies, reports Bankrate. Additionally, a number of hardship situations qualify for exceptions to penalties. Disadv... More » Business & Finance Financial Planning

When a person younger than 59 and a half withdraws money from an individual retirement arrangement, or IRA, there may be a 10 percent tax on the distributions that are part of the person's gross income during the year of... More » Business & Finance Financial Planning

The rules for withdrawing money from a 403(b) tax-deferred retirement plan vary by plan, but some allow for a hardship withdrawal or loans, according to the Internal Revenue Service. Plans may also allow withdrawals when... More » Business & Finance Financial Planning

To withdraw money from their individual retirement accounts (IRAs), account holders should determine their withdrawal eligibility, contact the appropriate financial institution and complete all applicable forms, notes IR... More » Business & Finance Financial Planning