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Updated almost 6 years ago on . Most recent reply

Account Closed
  • Specialist
  • Hendersonville, NC
23
Votes |
159
Posts

Extracting $ from 403b if not hardship

Account Closed
  • Specialist
  • Hendersonville, NC
Posted

I have some $ sitting in a 403b.

I’m being told that I can’t access the $ without filing hardship.

I want to use that money for an investment.

I still work at organization but contract ends in June.

How can I have access to that $ now?

Most Popular Reply

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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,852
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

@Ben Gabin, you mentioned your contract is up in June. Be careful and check the rules. If you are no longer employeed with the employer you're at when you take the loan you'll need to repay it in full immediately.

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