Legal Question in Family Law in California
After QDRO... 25 year marriage...when I receive what I am entitled to from ex's 401K, do I have to pay tax on any money I recieve from it? Will I be able to get cash from it and put the rest in account of my choice?? My attorney wont explain the process...thankyou for any help!!
Asked on 3/06/14, 10:32 pm
1 Answer from Attorneys
Arlene Kock
Law Offices of Arlene D. Kock APLC
If you take the money out right and you're not at an age where this is permitted , you would be faced with an early withdrawal penalty.
Answered on 3/07/14, 6:51 am