Hardship 401(k) Withdrawals, Explained December 16, 2022 +3 but the withdrawals come with significant downsides. Our columnist discusses other options. Most employers allow you to take funds out of your retirement account NYT NYT > Business NYTimes but the withdrawals come with significant downsides. Our columnist discusses other options. Most employers allow you to take funds out of your retirement account NYT NYT > Business NYTimes