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Withdrawals from pre-tax retirement plans are always taxable. There is a 10% penalty if you are under age 59-1/2.
Possible exceptions to the penalty are listed here.
Unless you paid substantial health insurance premiums while unemployed, probably the only exception you would qualify for is the penalty exception on a $1000 withdrawal for emergency family expenses. The rest of your withdrawal would be subject to the penalty as well as the income tax.
Withdrawals from pre-tax retirement plans are always taxable. There is a 10% penalty if you are under age 59-1/2.
Possible exceptions to the penalty are listed here.
Unless you paid substantial health insurance premiums while unemployed, probably the only exception you would qualify for is the penalty exception on a $1000 withdrawal for emergency family expenses. The rest of your withdrawal would be subject to the penalty as well as the income tax.
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