topic the penalty is 10%. Just think of it as your final intere... in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/the-penalty-is-10-just-think-of-it-as-your-final-intere/01/577417#M54205 the penalty is 10%. Just think of it as your final interest payment on that student loan. Be happy. Wed, 05 Jun 2019 22:02:28 GMT fanfare 2019-06-05T22:02:28Z I am being heavily penalized for taking money out early of my 401k. I used money to pay off exorbitant student loans. Is there any way to claim that to avoid tax penalty? https://ttlc.intuit.com/community/retirement/discussion/i-am-being-heavily-penalized-for-taking-money-out-early-of-my-401k-i-used-money-to-pay-off/01/577411#M54203 Wed, 05 Jun 2019 22:02:27 GMT https://ttlc.intuit.com/community/retirement/discussion/i-am-being-heavily-penalized-for-taking-money-out-early-of-my-401k-i-used-money-to-pay-off/01/577411#M54203 janelvasallo 2019-06-05T22:02:27Z the penalty is 10%. Just think of it as your final intere... https://ttlc.intuit.com/community/retirement/discussion/the-penalty-is-10-just-think-of-it-as-your-final-intere/01/577417#M54205 the penalty is 10%. Just think of it as your final interest payment on that student loan. Be happy. Wed, 05 Jun 2019 22:02:28 GMT https://ttlc.intuit.com/community/retirement/discussion/the-penalty-is-10-just-think-of-it-as-your-final-intere/01/577417#M54205 fanfare 2019-06-05T22:02:28Z No, that's not one of the exceptions to the 10% early wit... https://ttlc.intuit.com/community/retirement/discussion/no-that-s-not-one-of-the-exceptions-to-the-10-early-wit/01/577422#M54206 <P>No, that's not one of the exceptions to the 10% early withdrawal penalty. &nbsp;Sorry.</P> Wed, 05 Jun 2019 22:02:30 GMT https://ttlc.intuit.com/community/retirement/discussion/no-that-s-not-one-of-the-exceptions-to-the-10-early-wit/01/577422#M54206 Opus 17 2019-06-05T22:02:30Z