Legal Question in Family Law in California

Reimbursement of Separate Property contribution

I pull out over $25k from my IRA & TDA to increase the downpayment of our home. I took a penalty hit of about $7k because I was not 59 1/2 yrs old when I pulled out the money. We are now divorcing and I am requesting to be reimbursed for the amount I pulled out of my IRA & TDA (including the penalty hit). I have all the documents that trace my separate contribution, but does California Family Code Section 2640 (b) provide for the full reimbursement? Thank You


Asked on 4/01/07, 8:50 pm

1 Answer from Attorneys
Lyle Johnson Bedi and Johnson Attorneys at Law

Re: Reimbursement of Separate Property contribution

You should be reimbursed for the amount actually paid and reduced the amount due. The other $7.000 maybe more difficult to get. You should consult with an attorney regarding th reimbursement amount.

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Answered on 4/16/07, 2:04 pm


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