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Can you get back child support from a open 401 k if he has not retired yet?
yup
Can 401 be garnished in Texas for back child support?
It can be attache, even in new cases of retroactive orders on a child he never knew existed.
Do you have to report a big sum of money to child support if you get child support in th state of Tennessee?
i got a large sum of money from my ex husband 401 k when we got divorced do i have to report it to child support
Can child support attach a 401 k plan?
No, child support cannot attach or garnish a 401K plan. They can only garnish wages earned and not employee benefits.
Can a 401k be garnished for back child support in Texas?
Yes, in Texas, a 401(k) can be garnished for back child support under certain circumstances. The courts can issue a Qualified Domestic Relations Order (QDRO) to access retirement funds for child support obligations. However, the specifics can vary based on individual cases, and it's advisable to consult a legal expert for guidance tailored to the situation.
Do you have to pay child support if your child is 42 years old?
You have to pay any support that accrued before the child reached majority or was emancipated - the statute of limitations never expires on unpaid child support. If the child is severely disabled, support may continued into adulthood. Yes the answer above is true. I would say take out any 401 k you have and liqidate any assets you have. Live on a cash basis or you will lose it all. Been their and done that.
Are pension funds subject to garnishment for past due child support?
Nevada law states that there is no statute of limitations on past due child support. I have a 1986 judgment for past due child support and attorney fees. I was threatened for years by my ex-husband. He never re-married but had a subsequent child whose mother made sure that she received child support. He recently died and has three pensions. Can I file a claim against his pensions for past due child support?
If you want to get out of IRA and go back to 401 k can you send money back to 401?
It depends on the provisions of your employer. Most will allow a rollover from another qualified plan (meaning an IRA or another 401(k) plan) but you have to be actively employed when you request to roll funds into the 401(k) plan.
How do I start a 401(k)?
You can start a 401(k) through any employer that offers a 401(k) plan. This give you the ability to save pre tax money.
Can i open a 401 k for a child?
Yes, you can open a 401(k) for a child if they have earned income from a job, as 401(k) plans require the participant to have earned wages. However, it's more common for parents to consider opening a custodial IRA (like a Roth IRA) for children, as these accounts are often easier to manage and have fewer restrictions. Before proceeding, it's important to consult a financial advisor to understand the best options available for saving for a child's future.
What if the 401 k has no beneficiary named and goes back into the estate can creditors take it?
Yes.
What times what equals 401?
401 x 1=401
