What if the 401(k) account imposes restrictions and penalties if withdrawn prematurely?

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Scholars differ in their opinions on this topic:
Some scholars say, no Zakat is due if the account imposes restrictions and penalties on one’s use and withdrawal of its funds arguing that this form of wealth fails true undivided and absolute ownership of wealth which is one of the requirements of Zakat eligibility. That is, can the owner freely use this material possession or its services, and can he or she without constraint choose to exchange it for another material substitute or consideration lawfully?