The Consequences of Early 401k Withdrawals

Описание: What happens if I withdraw from my 401k before the age of 59 1/2? • Discover the consequences of withdrawing from your 401k before the age of 59 1/2 in this informative video. Learn about the penalties and taxes involved, as well as the potential loss of growth in your retirement savings. Find out if there are any exceptions to the early withdrawal penalty and ensure you make informed decisions about your financial future. Don't miss out on this essential knowledge!

00:00 • The Consequences of Early 401k Withdrawals
00:26 • What is a 401k?
00:51 • What is an Early Withdrawal?
01:09 • What are the Consequences of Early Withdrawal?
01:57 • Are there any Exceptions?