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Retirement tax questions
It depends. If you were a victim of domestic violence in 2024 you may qualify for the exception to the early withdrawal penalty. Specifically, this is relief from the 10% penalty for an early withdrawal, not income tax.
Here is a helpful article explaining exceptions to early withdrawals: An Early Withdrawal From Your 401(k): Understanding the Consequences
‎January 29, 2025
7:04 AM