Updated 2026-03-30

Early Withdrawal Penalty Calculator

Calculate the true cost of withdrawing from your 401(k) before age 59 1/2

Early 401(k) withdrawals before age 59 1/2 face a 10% IRS penalty plus income taxes. A $50,000 withdrawal in the 22% bracket costs $16,000 in taxes and penalties, leaving you only $34,000. Several exceptions exist for hardship, disability, and SEPP payments.

Penalty Exceptions

Rule of 55: Leave employer at age 55+
Disability: Total and permanent disability
SEPP/72(t): Substantially equal periodic payments

Pavlo Pyskunov

Managing Director & Investment Fund Director

Pavlo Pyskunov analyzes employer-sponsored retirement plans using IRS publications and DOL Form 5500 filings, helping workers maximize their 401(k) savings through data-driven guidance.

Last updated: 2026-03-30