Understanding the Timeline for 401(k) Withdrawals

Reported about 5 hours ago

Withdrawing from a 401(k) typically takes five to seven business days, although it can vary based on your plan administrator and withdrawal method. Early withdrawals may incur taxes and penalties, while hardship withdrawals require additional paperwork. To avoid complications, it's advisable to consult a financial advisor before making any withdrawals.

Source: YAHOO

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