Discover how your 401(k) could be impacted by divorce and the steps to protect your retirement assets during the settlement process.
“The reason a QDRO is necessary is that retirement accounts are in the name of one spouse. The plan administrator is not permitted to divide the account without a QDRO,” said Laurie Itkin, certified ...
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The divorce mistakes that can cost you thousands
Divorce is expensive but its not always the legal fees that drain your bank account. In this episode of the HerMoney Podcast, ...
(Bloomberg) --A profit center. A silent fee. One more kick in the pants. Those are a few of the ways divorce lawyers describe the fee that many 401(k) plan participants have to pay when they need to ...
From a wealth management standpoint, the most critical component of property division in divorce is the careful handling of qualified and non-qualified retirement assets. Too often, couples simply ...
Determine how you’ll cover the cost of the divorce. To meet the costs of a divorce, which can be thousands dollars, you may need to tap in to your income stream and savings accounts, or even explore ...
Having gone through a divorce myself, I know my friend is having a hard time. Still, it can be positive in the long run.
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