Divorce Source: 401k early withdrawl

Encyclopedia

Checklists

Tools

Downloads

Bookstore

Start Your Divorce Today - Premium Divorce Online

You are not logged in. [Login]
NEW USER Registration

DS Home · Community Forums · All Forums/Msg. Centers
NEW USER Registration · Search Community Forums · Help

State Specific Community Forums >> Illinois Issues

Jump to first unread post.

Pages: 1

chrisyouwho
recently joined

Reged: 11/06/07
Posts: 13
Loc: Illinois

401k early withdrawl

#783779 - 04/26/12 10:43 AM

I'm hearing conflicting information regarding withdrawing from my 401k at the time of divorce. From my lawyer I've heard that there is no penalty (except 20% tax) to withdraw from it, as long as it's done within 30 days from the divorce being finalized. However I've also heard from somebody "close" to a financial adviser who said that all early withdraw penalties would apply, regardless of the divorce.

Post Extras:

Pages: 1

Extra information

0 registered and 0 anonymous users are browsing this forum.

Moderator: dsAdmin

Print Topic

Forum Permissions
      You cannot start new topics
      You cannot reply to topics
      HTML is disabled
      UBBCode is disabled

Rating:
Topic views: 405

Jump to

Divorce Source Home

UBB.threads™ 6.5.1.1

Resources & Tools

	Start Your Divorce Several Options to Get Started Today.		Online Divorce Tools Keeping it Simple to Get the Job Done.
	Download Center Instantly Download Books, Guides & Forms.		Discount Books Over 100 of the Best Divorce & Custody Books.
	Negotiate Online Settle your Divorce and Save.		Custody Scheduling Make Sure You Document Everything.

Easily Connect With a Lawyer or Mediator

Have Divorce Professionals from Your Area Contact You!