Withdrawal Analysis

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401k Early Withdrawal Calculator

Our early withdrawal calculator shows you the true cost of withdrawing from your 401k before age 59½. Early withdrawals typically incur a 10% penalty plus income taxes.

Early Withdrawal Penalties

Taking money out of your 401k before age 59½ usually results in:

  • 10% early withdrawal penalty
  • Ordinary income taxes on the amount withdrawn
  • Loss of future growth on the withdrawn amount