Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "I need about $20k to get us through a layoff-home equity loan?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Can you or DH take a 401k loan or IRA distribution?[/quote] DH will get a pension so we can’t borrow against that :( My 401k doesn’t allow loans :( We don’t have IRAs I don’t think.[/quote] Are you 100% sure. No offense OP but if you don't even know whether you have an IRA, I'm not confident you are fully aware of all of your retirement plans. I know that some state government pensions DO allow you to borrow from your pension. Look it up, call, e-mail them to double check this.[/quote] Also if your husband is a professor he might have a 457b plan he can borrow from.[/quote] Either one of you should qualify for a hardship withdrawal from your retirement accounts. That's what I'd do no question.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
