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Can governmental 457(b) money be withdrawn in the case of “extreme financial hardship” or “unforseeable emergency”?

April 26, 2017Case governmental money withdrawn

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Can governmental 457(b) money be withdrawn in the case of “extreme financial hardship” or “unforseeable emergency”?

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Generally funds may be withdrawn in the case of “extreme financial hardship” or in the event of an “unforseeable emergency.” This right is subject to the employer’s plan rules specified in the plan document.