Month: April 2024

Your Quick Guide to Understanding QDROs!

Feeling lost in the sea of legal terms and acronyms like ERISA when dealing with QDROs? Don’t worry! Here’s a simplified cheat sheet to help you navigate the world of retirement benefit division during a divorce.  Who’s Who in a QDRO:  If You Have the Retirement Plan: You’re the Participant, Employee, or Member.  If You’re […]

How would my 401k be divided in divorce if I contributed to it before marriage?

When couples split, they must decide how to split their “defined contribution plan” retirement accounts (like a 401k). The tricky part is figuring out what part of the money was saved before getting married (individual’s money) and what part was saved during the marriage (shared money). Before splitting the retirement account with a legal document […]