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You will have full access to your funds in 401k plan if you separate from your employer.
The IRS allows hardship withdrawals - but your employer is not required to provide hardship withdrawals to employers.
If your 401k plan allows hardship withdrawals - only the administrator of your 401k may decide if you are eligible.
The IRS may not force the administrator of your 401k to provide the hardship withdrawal.
If you separate from your employment - you will be able to take full distribution from 401k plan.
Sorry if you expected a different answer.
Let me know if you need any help.
Only if your employer's plan has these provisions and only based on the approval of the administrator of your 401k plan..
There are two provisions:
- the hardship withdrawal, and
- loan from 401k
There are no other provisions.