|
I have money in 401Ks and mutual funds. I just went through a divorce and until my house is sold this is my primary cushion should I need anything. I’m disabled, as well. I know there’s a penalty to withdraw early, but if it’s reinvested in something like a home or land am I still penalized? Being disabled, can I withdraw without penalty and if so how do I go about this? Do I just need a physician’s note saying I’m disabled? I didn’t file for disability in time and lost my SS credits, because my ex husband made enough I felt guilty draining the system. If I’d known by not filing I’d lose decades of paying into the system I just would have filed. So, I’m not on disability at this point. And that’s another question. Since I’m now divorced, can I try for disability again? Thank you in advance.
|
#
?
Jul 18, 2019 18:34
|
|
|
|
| # ? Apr 28, 2024 00:43 |
|
|
I think your situation has a lot of variables in flux that are tough to address without knowing your exact specifics. You're probably best off talking to a professional attorney and accountant rather than depending on the quality of advice that this subforum full of people posting for entertainment purposes can provide. I'm sorry for being unhelpful, but I think your consequences for mistakes are too high to trust to this clowncar fiesta of shitposters. As for your last question, you can always try for disability again, but you're best off doing so with the guidance of an attorney who knows your state and federal laws as well as how the judges are inclined to rule on the various factors. As for your financial questions, if you have money in mutual funds outside of tax deferred vehicles, you can withdraw without penalty. But given how your questions are scattered and vague, I think you should consult with a fiduciary financial planner to verify where exactly your money is and where it is coming from.
|
|
#
?
Jul 19, 2019 02:03
|
|
|
Thank you.
|
|
#
?
Jul 20, 2019 01:34
|
|