401(k) Plan Birth and Adoption Withdrawal Provision - BNSF Railway
This means that you’ll owe income tax on the amount that you withdraw. • You won’t have to pay a 10% early withdrawal penalty that would otherwise apply, even if you’re younger than age 59½. • You must ask for this withdrawal within one year of the date of birth or the date the legal adoption is finalized. • You may only withdraw ... ................
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