Guest BTCISP1969 Posted November 30, 2000 Share Posted November 30, 2000 Are premature distributions such as hardship withdrawals subject to the 10% early withdrawal penalty? Link to comment Share on other sites More sharing options...
Carol V. Calhoun Posted December 1, 2000 Share Posted December 1, 2000 If they would otherwise be subject to the 10% penalty due to not having attained one of the exemptions (e.g. age 59½), they will not be exempted due to being based on hardship. Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances. Link to comment Share on other sites More sharing options...
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