“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 ...
(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 ...
Don’t Expect The Same Lifestyle After A Gray Divorce In a divorce, spouses typically split their assets. After the breakup, however, don’t expect your monthly expenses to go down by half. Each partner ...