Medical Withdrawal from Retirement (specifically 457)

[Miss Piggy 30]

I know it's a long shot but just wondering if anyone has been able to get a medical withdrawl from their retirement plan... we have a 457 and cannot borrow but we can withdrawl for uncovered necessary medical expenses. Not sure if this would technically qualify. I'm still hoping insurance will cover it but I need a plan B (and C, D, E, etc, lol).

I know I should ask our provider but I really don't want to unless it becomes necessary, KWIM? We would have to talk to my husband's employer and I am not ready to do that, lol. I'm hoping to hear other's experiences.

[KatInFL 216]

I am not really familiar with that type of plan, but am guessing it would be based on the plan's definition of "necessary". In the plan handbook or coverage information, do they outline their definition? That's the first place I'd look, if you aren't ready to talk to your husband's employer yet.

~Kat

[Territravel 217]

I did a hardship withdrawal from my ISP plan at work. I had to supply them with a document from the Doctors office on letterhead paper with the cost. I was allowed to get out a little extra for the travel and hotel stay. I was told by the people at my ISP, that they didn't think out of country surgeries would qualify, but it was approved. Christmas eve I had my gallbladder out, so I'm hoping between the two surgeries I have enough medical bills to make it a tax deduction as well.