home *** CD-ROM | disk | FTP | other *** search
/ NetNews Usenet Archive 1992 #31 / NN_1992_31.iso / spool / misc / taxes / 3896 < prev    next >
Encoding:
Internet Message Format  |  1992-12-26  |  1.1 KB
  1. From: adams@hpfcso.FC.HP.COM (Dave Adams)
  2. Date: Fri, 25 Dec 1992 23:20:15 GMT
  3. Subject: 401(k) hardship rule question
  4. Message-ID: <10850012@hpfcso.FC.HP.COM>
  5. Organization: Hewlett-Packard, Fort Collins, CO, USA
  6. Path: sparky!uunet!zaphod.mps.ohio-state.edu!sdd.hp.com!col.hp.com!news.dtc.hp.com!hpscit.sc.hp.com!hplextra!hpfcso!adams
  7. Newsgroups: misc.taxes
  8. Lines: 18
  9.  
  10. I have a question about the penalty-free 401(k) hardship rule for
  11. early withdrawal of funds:
  12.  
  13. At one time I understood that the rule allowed you to withdraw money
  14. to be used as a down payment on a house.  Is this still allowed?
  15. If so, what conditions must be met to allow such a withdrawal?
  16.  
  17. Sorry if this is a FAQ -- I just started reading this group, and did
  18. not see anything posted that answered my question.
  19.  
  20. Thanks in advance for any info!
  21.  
  22. -------------------------------------------
  23. -  Dave Adams                             -
  24. -  Hewlett-Packard Company                -
  25. -  Fort Collins, Colorado                 -
  26. -  adams@fc.hp.com                        -
  27. -------------------------------------------
  28.