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What are the exceptions to 10% penalty for early withdrawal from 401(k)?
Dec 31, 2012 I was laid off. I was not allowed to take a loan or a partial withdrawal from my plan because I had been terminated from my employment
April 2013 I took a Full withdrawal from my 401(k) plan .
I used the entire net amount (plus other liquid assests) to purchase my primary residence in April 2014
In July 2014 I reached the age of 55
Does this qualify for some early withdrawal penalty' exception? or reduction?
The distribution code = 1 on the 1099-R form I received
April 2013 I took a Full withdrawal from my 401(k) plan .
I used the entire net amount (plus other liquid assests) to purchase my primary residence in April 2014
In July 2014 I reached the age of 55
Does this qualify for some early withdrawal penalty' exception? or reduction?
The distribution code = 1 on the 1099-R form I received
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May 31, 2019
4:50 PM