<prompt> Human: Hi guys, before I get ripped to shreds about how this is a bad idea, just know that Im going to do it anyway. I have a very big need to have money right now, as I am in between jobs.I have 56,000 in my 401k as of right now. Of course, the early withdrawal fees and taxes bring that number drastically down. I can take a lump sum payment of approximately 30,000 if I just do the early withdrawal thing right now. That money helps, A LOT, but My question is this:I know there is no real way to get around the 401k early withdrawal penalty; however, Ive read things about taking a loan against the 401k. Basically, something like someone loans me a higher number, say 45,000, and when I turn 65 or pass away, the 56,000 goes to the loan company. The incentive for them is that they make an extra 11,000; however, Im not sure if this will work because they may have to wait 35 years for that payoff.Is there any other way I can do this? I dont want to give out too much info, but the money is needed for an urgent issue and every dollar will help.Thanks reddit!  <response>: Is the 401k with a current employer or offer loans? Usually to get a 401k loan you have to be employed by the plan sponsor. There are no feasible ways around tax or penalty. SEPP 72t or a Roth ladder is all there is.What does your cashflow situation look like? Any other assets or liabilities? Creditworthy?401k is a last ditch option. If you can provide details and what you need the cash for, you likely will be surprised how resourceful we are. 