Financial Hardship or Unforeseeable Emergency

Retirement savings plan are not designed to be used like a checking account. However, unexpected circumstances or emergencies do occur. That's why many plans permit withdrawals for certain financial emergencies.

If your employer's plan permits, you may be able to take a withdrawal to:

Amounts withdrawn may be subject to ordinary income taxes and your investment provider may also apply a withdrawal charge. Other taxes may also apply. Speak with your tax advisor for information on your specific circumstances.

1 Permitted under 403(b), 401(k), [ and 401(a) ? ] plans, but not 457(b) plans.

Account Access

Need Help?

Salary Reduction Forms

Please be advised that this web content is not intended as legal or tax advice. Accordingly, any tax information provided in this web content is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transactions(s) or matter(s) addressed, and you should seek advice based on your particular circumstances from an independent tax advisor.