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M
mlock0284
March 8, 2025
Question

Is paying for my wife's student loans an exception to reduce the penalty for early withdrawal from my 401(K)?

  • March 8, 2025
  • 2 replies
  • 0 views
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2 replies

X
xmasbaby0
Employee
March 8, 2025

No.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
A
AnnetteB6
March 8, 2025

No, paying student loans does not qualify as an exception to the early distribution penalty for taking a withdrawal from your 401(k).  

 

See the following TurboTax help article for a list of the exceptions in case there is one that you qualify to claim:

 

What are the exceptions to the penalty for an early withdrawal from my 401(k)?

 

@mlock0284 
 

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