You don't "attach" a 401K. Generally speaking, those assets that accumulate during the course of the marriage are considered marital assets that are subject to distribution based on state laws when the couple divorces. Those assets that each person brings into the marriage remain theirs when they leave the marriage. So, the value of the 401K at the time of your marriage is the value to which your husband will have sole title. The increased value of that 401K during the time you are married is the amount subject to distribution when you divorce. If you are married for one year, odds are that 401K will not be worth a great deal more than it was when you married. The longer you are married, the more time for potential growth in the account. Just because you marry the guy doesn't mean you have a right to everything he had before he met you. So if that's the reason you married him....Ha, ha!
How long will it be before you retire? If retirement is a long ways away, then invest in an agressive plan that will earn more, Decide how risk-averse you are before investing in a particular 401K plan.
As soon as you are married, your 401k belongs to both of you. If the marriage has been relatively short, you might be able to negotiate something less than half in the divorce settlement.
It is generally better to contribute to a 401k before tax because it can lower your taxable income and potentially save you money on taxes in the long run.
How long must you be in Mexico before you can be married?:
The 401k is not taxed but the Roth 401k will be best in the long run as the money you get out wont be taxed then.
Infidelity generally does not impact the division of assets in a divorce, including a husband's 401k. In most jurisdictions, divorce laws prioritize an equitable distribution of marital property regardless of fault. However, divorce laws vary by jurisdiction, so it is essential to consult with an attorney to understand the specific laws applicable to your situation.
Yes, you can temporarily stop your 401k contributions, but it's important to consider the potential impact on your long-term retirement savings and consult with a financial advisor before making this decision.
You can withdraw money from your 401k to pay off your house, but it may come with penalties and taxes. It's important to consider the long-term impact on your retirement savings before making this decision.
upon paying off an existing loan how long before you may take out new loan
You can rollover your 401k at any time, as long as it has been 60 days since it was opened. The company holding your 401k benefits has its own rules.
Lowering your 401k contribution may provide more immediate income but could impact your long-term retirement savings. Consider your financial goals and consult with a financial advisor before making a decision.
as long as took for her to swallow him