As mentioned above, those who understand the general rules of how plans are divided are better prepared to assess whether they get or retain what they should. Nonparticipant spouses have the right to obtain complete information about all retirement plan balances or account balances that the other...
IRAs are governed byInternal Revenue Code section 408. In order for the transfer of an IRA from one spouse to the other to be nontaxable, the transfer must be made pursuant to a divorce or separation instrument. After the QDRO is accepted by the plan, the defined contribution plan asset i...
One advantage of receiving a lump sum pension is that it allows retirees to have control over their retirement funds. They can decide how to invest or use the money according to their financial goals and needs. Some retirees may choose to invest the lump sum in other assets, such as real ...
If you've got a pension, count yourself as one of the lucky ones. A pension is more valuable than you realize. With a pension, you won't be forced tolower your safe withdrawal ratein retirement like those of use who don't have pensions. This post will help you calculate the value o...