Yes, that happens. Pulling money from a retirement account is an expensive place to get the cash. If the 401K had been an IRA, you could have avoided the penalty on $10,000 of the withdrawal, but that doesn't work with a 401K. The entire amount is still taxable though.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
