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I received $15k from my spouse's 401k as part of a divorce
I received $15k from my spouse's 401k as part of a divorce settlement. How would I treat that for tax purposes? Is it the same as alimony, or is it like a distribution from an IRA/401k where I would h… read more
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Hello. I am under 59.5 years of age and may need to withdraw all my money from a previous employer's 401k plan to pay for a house my wife and I are looking to purchase. It is NOT a first home, but it … read more
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if i default on by 401k loan due to a termination will the
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A tax law question related to divorce settlements Background
A tax law question related to divorce settlements Background (in case it matters): I am in the final stages of creating a divorce settlement agreement with my wife. There are very large debts that wer… read more
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We would like to buy a house in Texas to retire in when we
We would like to buy a house in Texas to retire in when we decide to do that. How can I make a large withdrawal from my 401K to use as a down payment and avoid paying income taxes on it. I am over 59 … read more
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i was divorced this year. i used my 401k to purchase a house
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How can I avoid an early-withdrawal penalty if I cash out part
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Im 58 yrs old. I left my last job 40 days ago. I rolled
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If I have money invested in a retirement account (e.g. IRA,
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I am looking to take about 17,000 out of my 401K to help my
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I am starting my own business and need to know if I can take
I am starting my own business and need to know if I can take funds from either my IRA and/r my 401k to assist with finances and if so what is the tax penalty… read more
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I am about to purchase a primary residence with 10% down.
I am about to purchase a primary residence with 10% down. I am self-employed, with a 401K Indy. Would it be tax advantageous to take the down payment from savings, put it into my 401K, and then withdr… read more
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My husband and I are atttempting to do our divorce ...
My husband and I are atttempting to do our divorce ourselves as it is very ammicable. What types of documents do we need to split the 401K? He has agreed to give me a portion of his. If I take it as c… read more
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