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November 2019 Archives

Is withdrawing your portion of a 401k a good idea?

Your divorce is almost certain to bring with it a good deal of uncertainty. If your ex-spouse was the primary wage earner in your home, then you may be faced with the prospect of needing to find employment or even new housing. You might feel much more secure in confronting these new challenges if you are on a firm financial footing. You may be entitled to alimony, yet a more immediate source of funds could be your portion of the contributions made to your ex-spouse's 401k. 

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