401(k) Early Withdrawal Penalty Calculator

401(k) Early Withdrawal Penalty Calculator

The 401(k) Early Withdrawal Penalty Calculator is a valuable tool designed for individuals considering accessing their retirement funds early. Typically, withdrawing from a 401(k) account before the age of 59½ incurs a penalty, usually 10% of the withdrawn amount, in addition to the regular income tax. This calculator helps users estimate the financial impact of … Read more