See how we rate investing products to write unbiased product reviews. A 401(k) hardship withdrawal is a penalty-free way to withdraw funds from your retirement account. The IRS permits hardship ...

Below you will find the instructions and fillable online form for the hardship withdrawal appeal process. This form may also be downloaded and filled out in hard-copy form (Word document) here.

Review the reasons behind the hardship withdrawal. Understand the latest rules that allow you to take out cash. Look at the long-term consequences of a hardship withdrawal. Know the penalties and ...

Since you have a recurring negative cash flow, you would qualify. “But then we have to ask whether you should do a hardship withdrawal,” Zelcer cautions. If you are under age 59 1/2, your TSP ...