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Forbes: 10 Steps to Boost Your 401(k) Balance

Not everything is a hardship.

Beyond loans, hardship withdrawals are allowed under special circumstances. If you read the rules wrong, you could be required to repay the amount you took out plus earnings. For example, a hardship withdrawal is allowed if you're in foreclosure proceedings, but not just because you're a few months behind on your mortgage payments.

(Photo by Getty Images)

More from Forbes:
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How To Start A Conversation About Estate Planning
10 Ways A Bad Credit Score Can Hurt You



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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