retirement plan

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4

Moms over 40 with Children Under 5 Years

D.D. asks from Denver

Hi, My family moved to Thornton/Westminster about 18 months ago from Southern California, and I'm still finding my way around. I am looking for other mothers who ar...

26

401K's and Penalties for Taking Some Funds Out

K.C. asks from Las Vegas

Hello Mom's Could any of you tell me about penalties on taking money out from your 401K's before retirement. I had some friends take it out for buying a house, but...

4

Need a Financial Planner And/or Lawyer

A.W. asks from Minneapolis

After having our first child a couple of years ago, my husband and I have struggled with the idea of needing to have a will - as well as get our finances in order (sa...

7

Do I Lose My Previous Social Security Credits If I Become a Teacher

L.T. asks from Dallas

I worked in corporate America in my 20's and 30's and paid quite a bit into social security. I would like to change careers and become a teacher. Someone said if yo...

9

Has Any "Regular Lay Person" Successfully Used a Waiver?

M.6. asks from New York

I am in the process of rolling over an IRA to my work retirement since our work recently started offering that. One of the attorneys is also the Plan Administrator f...

13

Job Loss

M.M. asks from New York

My husband just lost his job. The company he was working for was run by a trust in England with an office in the US. Now the company went out of business and they w...

33

If You Had a Million Dollars

L.B. asks from Boston

Just watched a show about people winning big and it got me thinking about what I would do should I win a million dollars. I think that I would pay off bills and th...

20

Realities of Divorce and finance...ouch! How Did You Get past That?

J.B. asks from Boston

So...I met with an attorney today to discuss my situation and will be meeting with 2 more attorneys and a mediator over the next few weeks to see what they say and fi...

7

Out of House Working Momma's To ...

D.D. asks from Pittsburgh

I was wondering how you out of house working mama's went from working full time to staying at home. It has been on my heart to stay at home with my children for a lon...

16

Can You Help with Money Saving Tips?

A.H. asks from Chicago

My retirement savings just took a major nosedive with the recent stockmarket drops so I am going to need all the help I can get with saving money. Is there one major...

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Answer Highlights

  • early withdrawal penalty in 2 answers "... money is available for WD, you will have to pay a 10% early withdrawal penalty ..."
  • 10 percent penalty in 3 answers "When you withdraw the money, you will need to pay a 10% penalty."
  • pay down your debt in 3 answers "... tapping your retirement funds if you have other ways to pay down your debt."
  • cash out your retirement in 2 answers "It could be a bad idea to cash out your retirement, because you won't have much for ..."
  • retirement and college savings in 2 answers "... any lingering bills as well and would increase my retirement and college savings ..."