Posted on Aug 4, 2022

IRAs vs. 401(k)s: Exceptions to 10% Penalty for Withdrawals Under Age 59 Differ | Kiplinger

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"Before pulling money out of retirement accounts early, check the rules. The exceptions to penalties can differ depending on which type of account you’ve got."

IRAs vs. 401(k)s: Exceptions to 10% Penalty for Withdrawals Under Age 59 Differ | Kiplinger

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Money

Posted >1 y ago

Responses: 2

SP5 Dennis Loberger

Posted >1 y ago

When we bought our first house we did not withdraw any money out of our 401k. We took out a loan from our 401k and paid it back as we would any other loan. The interest paid went into our 401k as well

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