401(k) & IRA Early Withdrawal Calculator 2026 | Net Cash After Tax

401(k) & Traditional IRA

Early Withdrawal
Net Cash Calculator

See exactly what you'd keep after IRS penalties and taxes — before you touch your retirement savings.

Account type

Filing status

Single Married filing jointly Married filing separately Head of household ▾

State

▾

I'm under 59½

Controls the 10% early-withdrawal penalty

Your income this year (before this withdrawal)

Wages, self-employment, and any other taxable income

How much do you need to withdraw?

Gross amount taken from the account

Penalty exception

Waives the 10% penalty — tax is still owed

▾

💡

Rule of 55: if you're leaving this employer in the year you turn 55 or later, this specific 401(k) may be penalty-free without picking an exception above. It doesn't apply to IRAs or old employers' plans.

✅

You're 59½ or older, so the 10% early-withdrawal penalty doesn't apply. Ordinary income tax is still owed on the withdrawal.

$0

Net cash in hand

Today vs. Tax Time

Check you'll receive today $0

Your true federal cost $0

Estimates only, based on 2026 IRS federal tax brackets (Rev. Proc. 2025-32) and published 2026 state income tax rates. State figures use top published brackets and standard deductions — not a full state return. Not tax, legal, or financial advice. Confirm your exact numbers with a CPA before withdrawing.