What fees have to be paid when withdrawing from 401K?

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1224186

2026-08-06 18:31

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When withdrawing from a 401(k) before the age of 59½, a 10% early withdrawal penalty typically applies, in addition to ordinary income tax on the withdrawn amount. Some plans may also charge administrative fees for processing the withdrawal. Additionally, if the withdrawal is a loan rather than a distribution, there may be specific repayment terms and potential fees associated with late payments. Always check with your plan provider for specific details and potential fees.

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