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First, are you past the age at which you can make withdrawals without penalties? If not, you have to deal with that - something I know nothing about. If you are over that age, it will (I think) depend on how the plan administrator has set things up. In the case of Vanguard, which I think is typical (and perhaps an IRS requirement), you have an option to ...


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If you withdraw the money in 2020, then by the time you file your 2020 tax return (March or April 2021 for most of us), you have to be square with the government. Square here would be that the difference between the total tax as calculated on your form and the total money you have given to the government has to be 0. The total money you have given to the ...


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Will this be your primary residence? If the answer is "no", then you do not qualify. Does your employer allow "hardship withdrawals"? Not all of them do. There will be withholding and it is not clear if that will be at 20%, 30% (if under age 59.5), or some other amount dictated by the plan. So you will pay some of it right away. Then you will settle ...


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