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401(k) Hardship Withdrawals and Loans: What to Consider Before Accessing Your Funds Early Thumbnail

401(k) Hardship Withdrawals and Loans: What to Consider Before Accessing Your Funds Early

Life’s unexpected financial challenges may lead you to consider tapping into your 401(k) early. While hardship withdrawals and loans can provide immediate relief, they come with significant financial consequences—taxes, penalties, and long-term retirement impacts. Before making a decision, it’s essential to understand your options and explore alternatives. In this blog, we break down the pros, cons, and key considerations to help you make the best choice for your financial future. 💰📊

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