I had to withdraw money early from a 401k plan to cover loss of wages because my child was hospitalized several months, does that count as "medical expenses" exemption?
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I had to withdraw money early from a 401k plan to cover loss of wages because my child was hospitalized several months, does that count as "medical expenses" exemption?
The money was for living expenses, not to pay medical bills.
I had to withdraw money early from a 401k plan to cover loss of wages because my child was hospitalized several months, does that count as "medical expenses" exemption?
Lost wages are not medical expenses. Medical expenses are amounts paid to treat a medical condition, such as the medical treatment for your child.
I had to withdraw money early from a 401k plan to cover loss of wages because my child was hospitalized several months, does that count as "medical expenses" exemption?
I figured such but thought I'd ask to confirm. Thank you!
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