What type of financial hardship can I use for a hardship withdrawal?
You can request a TDA hardship withdrawal using one of the following reasons:
- Educational expenses
- Eviction foreclosure expenses
- Funeral expenses
- IRS qualified natural disaster expenses
- Medical expenses
- New rental lease based on eviction from prior residence
- Purchase of primary residence
- Multiple hardship reasons
- Domestic abuse (SECURE Act 2.0, Sec 314)