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Off Topic Discussion
Money question, Penalty for taking money from 401k...
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<blockquote data-quote="Kevin Palmer" data-source="post: 895932" data-attributes="member: 54263"><p>Gavin,,</p><p></p><p>We are definitely going through with the divorce. We both agree we are not happy together.</p><p></p><p></p><p></p><p>After calling her lawyer, I pretty much gave ultimatums, no longer negotiable type statements.</p><p></p><p></p><p></p><p>As it stands now, I told her I will accept half in the form of a transfer from her 401k to my TSP and half liquid. I suggested she borrow from her 401k to make this happen. She would pay back to her self plus 4%. So this is not a bad deal for her.</p><p></p><p></p><p></p><p>In the end, yes I am trying to be nice but I do have a responsibility to myself. That was/is a very hard place to be and still be a nice guy.</p><p></p><p></p><p></p><p>I received the papers today via e-mail so I do need to go through them and make sure they are what they should be.</p><p></p><p></p><p></p><p>I do appreciate all of your suggestions and help. It has been interesting to see and hear the various points of views...</p><p></p><p></p><p></p><p>Thanks all..</p></blockquote><p></p>
[QUOTE="Kevin Palmer, post: 895932, member: 54263"] Gavin,, We are definitely going through with the divorce. We both agree we are not happy together. After calling her lawyer, I pretty much gave ultimatums, no longer negotiable type statements. As it stands now, I told her I will accept half in the form of a transfer from her 401k to my TSP and half liquid. I suggested she borrow from her 401k to make this happen. She would pay back to her self plus 4%. So this is not a bad deal for her. In the end, yes I am trying to be nice but I do have a responsibility to myself. That was/is a very hard place to be and still be a nice guy. I received the papers today via e-mail so I do need to go through them and make sure they are what they should be. I do appreciate all of your suggestions and help. It has been interesting to see and hear the various points of views... Thanks all.. [/QUOTE]
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Off Topic Discussion
Money question, Penalty for taking money from 401k...
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