It is generally not advisable to withdraw funds early from your 401(k) due to significant penalties for doing so. If you take funds out of your 401(k) before you reach the age of 59 ½ you will be subject to a 10% penalty levied by the Internal Revenue Service (IRS)....
Generally speaking, 401(k) retirement accounts are designed to remain untouched until you have reached retirement age. You are not allowed to withdraw funds from your 401(k) account prior to the age of 59 ½ without being hit with significant penalties and charges,...