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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Help me get out of debt, build a future... and weather this divorce
 
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Motronic
Nov 6, 2009

 Just found this thread. Why are people suggesting he sack the 401(k) before he gets a QDRO? If the retirement money must come into the mix It would seem he is better off taking a personal loan now and paying it off once her gets the QDRO to avoid paying the early withdrawal penalty.

* # ¿ Mar 31, 2018 18:50
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# ¿ May 22, 2024 16:05
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Motronic
Nov 6, 2009

Eric the Mauve posted:

Because giving her half of it will cost him more than the early withdrawal penalty will.

This candle was already lit - transaction past this point matter a lot if it's anything like the divorces of a couple of my close friends. I mean....he needs to talk to his divorce lawyer, but taking the penalty doesn't sound like great advice in my second hand experience.

* # ¿ Apr 1, 2018 00:24
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Help me get out of debt, build a future... and weather this divorce