evafla
Member
Cash: $ 2.95
Posts: 12
Joined: 24 May 2012
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taking money from 401 |
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Hello everybody, I need help again, and I hope will find it over here again, thanks in advance .
I have to pay to my ex huge for me money, 32k to my ex , finaly removing him from our house .
The only money I have is my 401, about 50k . I have also small traditional IRA account with Vanugard.
I am extremely consider with taxes which I will have to pay gathering this cash .
Please advise , what is better, to take strait from 401, or roll over to IRA account first ?
Ir seems to me like second option is "cheaper ", but I am still afraid that something what I do not know can hurt me in the long run . Please tell me what you would do in my situation .
I am 66 years old
thank you eva
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