LogFAQs > #930051416

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Topic	how much money do you have saved in your 401k?
Nelson_Mandela 11/12/19 8:37:54 PM #10:	KingButz posted... If your employer allows hardship withdrawals then it's taxed as income but no 10% penalty Oh I wasn't sure if there's some loophole for first time home buyers using their 401k toward a down payment without it counting as an earning --- "A more mature answer than I expected."~ Jakyl25 "Sephy's point is right."~ Inviso <cite>Nelson_Mandela posted [p:930051416] in how much m... [t:78155410]...</cite> <quote>KingButz posted...</cite> <quote>If your employer allows hardship withdrawals then it's taxed as income but no 10% penalty</quote> Oh I wasn't sure if there's some loophole for first time home buyers using their 401k toward a down payment without it counting as an earning --- "A more mature answer than I expected."~ Jakyl25 "Sephy's point is right."~ Inviso</quote> ... Copied to Clipboard!
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