a legal document that specifies how pension benefits will be divided between the two parties. The QDRO outlines whether the ex-spouse is entitled to survivor benefits and how much they are entitled to. Without a QDRO, an ex-spouse may not be able to claim pension benefits, so it's essenti...
After hitting deductible, medical costs will be split between you and the insurance provider. Copayments or copay is one of the ways to do this. Copayments have a flat rate depending on the specific service or prescription. For example, the flat rate for a check-up would be different from...
If you were married to your ex for at least 10 years, thenyou might be eligibleto get a portion of theirSocial Securitybenefits. Visit theSocial Security websitefor what you will need to do to collect. If you are entitled to your own benefits as well, then you are usually allowed to ...
If you believe that your spouse may be transferring joint assets out of your name, hiding assets, or if your spouse has hired a lawyer, it is especially important that you have expert legal representation. Do we need to determine our property distribution before our divorce is final? Do I ...
In other PLRs, it has further been ruled that the IRA owner may reduce the 72(t) payment amount by the same percentage as the reduction in the overall account by distribution to the former spouse. This is the case for a QDRO granting a division of a qualified plan or a divorce decree...
Yes I do thank goodness! My pension amount is/will provide a significant amount to live off during retirement. Drats, no I don't. It's all up to me to contribute to my 401k, IRA, and after-tax investment accounts I've got such a weak pension that I almost wouldn't consider it ...
You may need to sell real estate; you may need to enter into a separate order known as a Qualified Domestic Relations Order (QDRO) to transfer retirement accounts; you may need to make note of future dates to transfer certain assets later; and, you may need to make a note of when an...