I’m 68 and want to help my son buy a house. But will taking $100,000 from my 401(k) hit me with a huge tax bill?

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I’m 68 and want to help my son buy a house. But will taking $100,000 from my 401(k) hit me with a huge tax bill?

marketwatch.com/story/im-68-and-want-to-help-my-son-buy-a-house-but-will-taking-100-000-from-my-401-k-hit-me-with-a-huge-tax-bill-3b1b26cd

A 68-year-old Florida man wants to be generous with his $1 million savings, but is worried about the taxes

This story appeared on marketwatch.com, 2025-07-12 16:59:00.

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