TheStreet sat down with Lisa Greene-Lewis, CPA and TurboTax expert to explain the tax implications if you need money and dip into your IRA, 401k ... it's the tax on the withdrawal plus the ...

Qualified distributions are allowed at age 59½, but an exception may allow you to make a penalty-free withdrawal Claire ... t close an employer-sponsored 401k while you’re still working there.

Around 35 percent of those who made a withdrawal last year used the money to avoid foreclosure on a house they were buying or eviction from a rented home. Meanwhile, more Americans than ever ...