I desperately need access to my money in my Roth 401k at work (according to me). However, my situation does not qualify me to take money out under current CARES Act rules though both the Treasury and IRS are still formulating guidance.
Assuming the IRS disqualifies my withdrawal under CARES Act I expect to pay the 10% early withdrawal penalty, and pay income taxes on the amount withdrawn as well.
I'm over 60 and my understanding is the early withdrawal penalty applies to people withdrawing before they're 59-1/2 years old
The money I intend to withdraw is after-tax contributions from a Roth 401k which should be tax free