Hello NN23,
Thanks for participating in the Ask the Experts Event.
The money you take out from your 401K, will be taxed, but if used for deductible medical expenses, you will not have to pay the early withdrawal penalty.
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distri...
Hope it helps!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
