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Need help from GLP'ers....

 
LittleMissSunshine

User ID: 5032630
United States
06/20/2012 10:43 PM

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Need help from GLP'ers....
Hello fellow GLPer's. I need your opinions. My husband has just switched jobs and I want him to take his 401k now due to how shakey the entire economy is and everything escalating in Spain,Syria, and everywhere else.
He wants to roll it over into a Roth IRA....We are talking this is UNDER $12,000!!!
HE HAS SERIOUS medical issues that need attending too, so he can take this money with no penalties for early withdraw since he left the job for another one....I believe this money IS ONLY AS GOOD AS THE PAPER ITS WRITTEN ON!!!...... IN OTHER WORDS,..... WORTHLESS, if it all goes south.
Is there anyone that can give him the pros / cons of this with the times we are in now I really need some sound opinions .
Thanks Bunches!
Anonymous Coward
User ID: 18303146
Australia
06/20/2012 10:44 PM
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Re: Need help from GLP'ers....
dejavu?


moran
LittleMissSunshine (OP)

User ID: 5032630
United States
06/20/2012 10:52 PM

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Re: Need help from GLP'ers....
BLAHAHAHA......you couldn't even be original, People uss that one ten thousand times a day. Turn the page brainchild!!
Anonymous Coward
User ID: 7368504
United States
06/20/2012 11:00 PM
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Re: Need help from GLP'ers....
Hello fellow GLPer's. I need your opinions. My husband has just switched jobs and I want him to take his 401k now due to how shakey the entire economy is and everything escalating in Spain,Syria, and everywhere else.
He wants to roll it over into a Roth IRA....We are talking this is UNDER $12,000!!!
HE HAS SERIOUS medical issues that need attending too, so he can take this money with no penalties for early withdraw since he left the job for another one....I believe this money IS ONLY AS GOOD AS THE PAPER ITS WRITTEN ON!!!...... IN OTHER WORDS,..... WORTHLESS, if it all goes south.
Is there anyone that can give him the pros / cons of this with the times we are in now I really need some sound opinions .
Thanks Bunches!
 Quoting: LittleMissSunshine


you have free choice but I have read scripture and the dollar and all currencies are worthless according to the book of Matthew. When books are open and you have money to the echangers or banks you will be made right in the end...to pull your money out of the market leaves you without a receipt...things will be made right. Read scripture not just my words

The problem Jesus knows the market is broke so sit tight if you question your moves but its your money do what you want.

GHost and naked short shares of all companies are going to die.

Love 554
Xerces

User ID: 1614650
United States
06/20/2012 11:22 PM
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Re: Need help from GLP'ers....
Under hardship conditions you can withdraw the money without penalty...but they give it to you as a loan which you have to pay back until you are at the age to draw from it. I dealt with this when I was in a rut, and that is the only way they would relinquish the money in the 401K.

Last Edited by Xerces on 06/20/2012 11:23 PM
"A truth's initial commotion is directly proportional to how deeply the lie was believed. When a well-packaged web of lies has been sold gradually to the masses over generations, the truth will seem utterly preposterous and its speaker, a raving lunatic."
-Dresden James

"All truth passes through three stages. First, it is ridiculed, second it is violently opposed, and third, it is accepted as self-evident."
-Arthur Schopenhauer
Anonymous Coward
User ID: 18240781
Romania
06/25/2012 05:15 PM
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Re: Need help from GLP'ers....
Come in Romania for a bees Farm.I will help you!
Wisconsin

User ID: 18509835
United States
06/25/2012 05:57 PM
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Re: Need help from GLP'ers....
.
... for us a "bird in hand" has more value than the ones in the bushes! ...
.
... cashed out such accounts years ago ... have NEVER regretted ...
.
... ask those who went through the depression ...
.
... paper money? ...
.
... don't think so ...
.
Amos 5:13
timelines and Celebrations of Yeshua - [link to www.grafted-promise.net]
Anonymous Coward
User ID: 49351500
France
11/09/2013 04:33 PM
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Re: Need help from GLP'ers....
hesright
MONSTER

User ID: 47033863
United States
11/09/2013 04:43 PM

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Re: Need help from GLP'ers....
I really don't think we have another 10 years if things keep going as they are now. I myself would take it out.
KINGDOMS, NATIONS AND KINGS HAVE BEEN BROUGHT DOWN TO THEIR KNEES WITH ONE GLANCE FROM A WOMAN.

I WEAR MY SKIN OF ARMOR SO NO ONE CAN GET IN AND NO ONE CAN GET OUT.

HOW CAN I MOURN YOU, WHEN I HAVE NEVER LET YOU GO, monster 1991-2008 RIP

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