In this Divorce Explored, we dive deep into the topic of using your 401(k) to pay for divorce. We’ll explore the benefits of this approach, such as avoiding high-interest debt and keeping more of your assets in-tact. However, we’ll also discuss the potential downsides, including the impact on your long-term retirement savings and tax implications.
We provide insights and tips on how to make the most informed decision when it comes to using your 401(k) and protecting your finances during a divorce. We’ll discuss the importance of considering alternative options and seeking professional advice before making any major financial decisions.
Join us as we break down the complexities of using your 401(k) to pay for divorce in a clear and concise manner, helping you to navigate this challenging time with confidence and financial security.
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The We Chat Divorce podcast (hereinafter referred to as the “WCD”) represents the opinions of Catherine Shanahan, Karen Chellew, and their guests to the show. WCD should not be considered professional or legal advice. The content here is for informational purposes only. Views and opinions expressed on WCD are our own and do not represent that of our places of work.
WCD should not be used in any legal capacity whatsoever. Listeners should contact their attorney to obtain advice with respect to any particular legal matter. No listener should act or refrain from acting on the basis of information on WCD without first seeking legal advice from counsel in the relevant jurisdiction. No guarantee is given regarding the accuracy of any statements or opinions made on WCD.
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