Can I withdraw funds from a 1081.01 (d) Plan?

You can only withdraw money from your plan under certain conditions:
  • Retirement at the established age, according to the plan.
  • Early retirement.
  • Death.
  • Disability.
  • Termination of employment
  • Hardship, as defined by each retirement plan.
If provided under the terms of the plan, hardship withdrawals may be permitted for: the purchase of your primary residence, payment of college tuition or medical expenses not reimbursed by an insurance company, among others.

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