Can I Use 401(k) for College Without Penalty?

Can I Use 401(k) for College Without Penalty?

Yes, you can use funds from your 401(k) and avoid an early withdrawal penalty if the distribution is based on hardship—that is, it’s an immediate and heavy financial need. Tuition and related educational fees and expenses are named expenses that can be immediate and heavy, per the Internal Revenue Service (IRS).8

https://www.investopedia.com/ask/answers/102714/can-savings-roth-401k-be-used-college-without-penalty.asp

 

所有跟帖： 

• 請您谘詢您的會計師，以上建議僅供參考。 -ShowMeData- ♂ (0 bytes) () 09/09/2024 postreply 19:53:00

• 啊？是說交學費算hardship？就是說可以用？ -Bailey4321- ♀ (63 bytes) () 09/09/2024 postreply 19:53:38

• 算借吧，得還回去？ -我是誰的誰- ♂ (0 bytes) () 09/09/2024 postreply 19:55:24

• 是的，不合算。要交稅和可能１０％罰款如果不到５９.５歲的話。 -ShowMeData- ♂ (696 bytes) () 09/09/2024 postreply 20:05:47

• 免10%罰金，該交的稅照交 -TTFAN- ♂ (0 bytes) () 09/09/2024 postreply 20:06:11

• 也是。要是真好用，那大家早就知道了 -Bailey4321- ♀ (0 bytes) () 09/09/2024 postreply 20:09:36

• 比HELOC好，因為利息付自己，方便快捷，好像無需理由 -成功的兔- ♀ (0 bytes) () 09/09/2024 postreply 20:09:49

• 據說稅後錢還，以後拿還要交稅 -yzhl888- ♀ (0 bytes) () 09/09/2024 postreply 21:51:06

• 哪個貸款不是稅後錢還？近幾年報稅都是standard deduction -成功的兔- ♀ (0 bytes) () 09/09/2024 postreply 22:19:15

• 這鏈接又看了一遍，要還回去有難度。yale學費生活費每年要10萬吧？ -chinomango- ♂ (0 bytes) () 09/09/2024 postreply 20:47:23