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Updated about 1 year ago on . Most recent reply

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Nathalie Dortonne
  • Member since Jan 21, 2020
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Nathalie Dortonne
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Personal Finance

401k penalty for Early withdrawal?

Nathalie Dortonne
Posted

Hi,

Has anyone experienced this before? Is it worth paying the penalty?

https://www.greatfinanciallite...

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Chris Levarek's profile image
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Chris Levarek
  • Real Estate Syndicator
  • from Phoenix, AZ
  • Member since Mar 21, 2018
  • Posts 903
  • Votes 1,126
  • Experience 7 Yrs
  • Investments 14
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Chris Levarek's profile image
Chris Levarek's profile image
Chris Levarek
  • Real Estate Syndicator
  • from Phoenix, AZ
  • Member since Mar 21, 2018
  • Posts 903
  • Votes 1,126
  • Experience 7 Yrs
  • Investments 14
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Chris Levarek
  • Real Estate Syndicator
  • Phoenix, AZ
1,126
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903
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Chris Levarek
  • Real Estate Syndicator
  • Phoenix, AZ
Replied

@Duane Brown Even better now there is no 10% penalty and you could depreciate taxes on real estate property to offset 401k taxes due...

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