Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Does your plan even allow for hardship withdrawals?

Do you realize a hardship withdrawal will allow you to withdraw only your contributions, but none of your income on those investments?

Or, are you considering a loan from the plan? That's usually limited to a 5 year payback unless you can convince your plan administrator to make a loan with the house as collateral (mortgage) and it's still limited to 15 years.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.