Options available if you have been impacted by a natural disaster or other unforeseeable emergency

If you and your family have been affected by recent natural disasters or other unforeseeable emergencies, you have options. Certain provisions available through your Savings Plus 457(b) or 401(k) may be available to you and your family during your time of need.


401(k) and 457(b) – You may qualify to take a loan on your account

In-Service Withdrawals:

401(k) – You may qualify to take a withdrawal if you are over 59 ½

401(k) – You may qualify for an early withdrawal from your Plan account due to financial hardship including expenses for the repair of damage to your principal residence that would qualify as a casualty deduction from your federal income taxes Section 165 of the Internal Revenue Code

457(b) — You may qualify to take a withdrawal if you are over 59 ½

457(b) — You may qualify for an Unforeseeable Emergency Withdrawal. An unforeseeable emergency is defined by the IRS as a severe financial hardship to you, your spouse or dependent resulting from:

  • A sudden or unexpected illness
  • An accident you or your dependent experienced
  • Loss of property because of casualty; or
  • Other similar extraordinary and unforeseen circumstances arising as a result of events beyond your control

To learn more about which options are available to you or to initiate a withdrawal, log into your Savings Plus account or contact the Savings Plus Solutions Center at (855) 616-4776, 5 a.m. – 8 p.m. PT Monday through Friday.

To initiate a withdrawal or loan, log into your Savings Plus account and select Manage Account in the menu bar at the top of the page. Then, select Withdrawal Money or Manage Loans under the Access My Money menu in the center.

Forms & Publication resources