With a limited number of exceptions, any distribution from a 401-K to a person under the age of 59 1/2 will incur the 10% penalty. As a general rule, the 401-K administrator (Fidelity) would have sent you some communication informing you that you had the option to move your 401-K into a personal IRA. However, they are not required to do that. Unfortunately, you have no recourse other than to pay the 10% penalty.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
