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Husband Takes My Money and Runs

My husband removed $5,000 from my IRA by forging my signature on the request, then forging my signature on the check. He deposited it in our joint account and then left me three days later, taking the checkbook with him and forbidding me to use the account. I did not know he had the money until a month later. By then he had transferred it out of the account. Is he allowed to take money out of my account? We were still married at the time.


No, he didn't have the right to take money from your IRA. You have a valid claim against the institution holding your IRA, but you may find some reluctance on their part to admit their error.

Contact the institution in person if possible and state your case. Bring a letter detailing what you believe happened, and ask to see the withdrawal slip and the check. Be prepared to sign affidavits of the forgeries. If you don't get results, contact an attorney.

Published on BankingQuestions.com 11/25/08