dmertz
Level 15

Retirement tax questions

"Hardship" is not an exception to the early distribution penalty.  The fact that your account in the old plan was held for 5 years is also not an exception to the early-distribution penalty.

 

The link provided by DawnC may or may not apply depending on the type of account that received the rollover from the old plan.  The IRS provides a complete list of exceptions:

 

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distri...

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