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Financial Planning / Tax Strategies


Subject:  Re: IRA withdrawal for unemployed Date:  7/8/2013  2:48 PM
Author:  TMFPMarti Number:  118801 of 125861

One followup question, are there any similar exceptions for 401k early withdrawal for unemployed medical insurance? I couldn't find one but wondered about this

No, there isn't, and kudos to you for looking. While some of the penalty exceptions are shared, some apply only to one type of account. See Pub 575 for the 401(k) rules.

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