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Investopedia: How to Calculate Early Withdrawal Penalties on a 401(k) Account (Step-by-Step Guide) The IRS charges a 10% penalty on early 401(k) withdrawals David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax … How to Calculate Early Withdrawal Penalties on a 401(k) Account (Step-by-Step Guide) Need advanced math? Try our Scientific Calculator for trigonometry, logarithms, powers, and roots — or use the Percentage Calculator for discounts, tips, and markup.
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