Ask Terry Questions My spouse and 401k withdrawal

My spouse and 401k withdrawal

By Terry Savage on January 26, 2023 | Financial Planning / Retirement

My spouse received 19,000 when he turned 59 from his retirement plan and didn’t tell me anything about it until I found out through some mail what right do I have being his spouse that helped him everyday cooking cleaning now the mobile home is getting to be in a bad shape he refuses to get it fixed he had torn up my freezer an refuse to buy or pay me what should I do please help

Terry Says

Actually you have NO right to his 40l(k) retirement account. My best advice is to seek a divorce attorney immediately. If he is still working, a court will order support. If you have been married at least 10 years before the divorce is final, you are entitled to half his Social Security — even if you aren’t still married. (It doesn’t impact his benefit, though)

If you fear domestic violence there are shelters and hotlines in your area. Or call this National Domestic Violence Hotline:

This isn’t going to get any better if you stick around longer! So be strong, and take some steps to make your remaining years safe and better. And please feel free to write back any time.



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