Keep in mind that taking small withdrawals of $ 5,000 or less is only a short - term tax strategy. (moneysense.ca)
And, if you take smaller withdrawals over time, rather than a lump sum withdrawal, you may be able to reduce the amount you spend on taxes. (jackson.com)
The option to decline a full loan or to take the loan out through smaller withdrawals does not help those in need. (student-loan-bankruptcy.ca)