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 ...
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.