I worked at Metropolitan Jewish Health System for almost 7 years. When I started there I filled out the paperwork to be vested for their IRA. I left MJHS about 3 years ago- and vaguely forgot about the IRA. This weekend my WONDERFUL, AMAZING husband was doing some Spring Cleaning and found a document about our IRA. We called and found out there was a significant amount of money (more than half to cover the adoption)!!!!! Holy CRAP- How often do you find over $10k laying around!!!!!!!???!!!??
I called our accountant and she basically confirmed that between the taxes and penalties we would have to pay to cash in our IRA and the tax credits we would receive for adopting would be a wash! So we might as well use the money now!
This would pay for our home study and the major adoption fee we would need to pay once we would be placed with a kid! Holy CRAP!!!!! Today is a VERY VERY GOOD Day!!! I have been jittery and so excited. I called our agency and they are going to send us the packet so we can start our home study.
Also- Andy starts his new job in a week. He is really one in a million- got an ACTUALLY BETTER job then the one that we moved out here for- higher position, better money and he will be working from home. I take it back- 2010- maybe you won’t be so sucky after all!
Also- Eli S. Feldman is the President and CEO of MJHS. We really aren’t going to name our kid after him- but I do feel grateful that after all these years- I got a little gift from my old job!