qbteachmt
Level 15
03-09-2022
02:47 PM
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You might want to bookmark this table:
You have a hardship approval, that is up to the plan administrator. That's not an IRS issue.
Now, read this:
https://www.investopedia.com/ask/answers/081815/can-i-take-my-401k-buy-house.asp
Homebuyer has no provision, and neither is being over 50 while still working there.
It's all completely taxable + penalty.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.