Monday, February 4th, 2013 and is filed under Uncategorized
Divorce can have dire consequences for women and their retirements if proper care is not taken.
During years of marriage, many women have focused on raising a family…instead of focusing on building personal wealth.
If you’ve spent your life taking care of family while your spouse earned all or the majority of the income, here’s something you need to know – QDRO. A QDRO is a “Qualified Domestic Relations Order,” which provides a legal mechanism for dividing the retirement benefits of private pension and/or 401K plans earned by your spouse during the years of your marriage.* Read More
Monday, January 21st, 2013 and is filed under Uncategorized
Retirement and divorce – get to know QDRO
It is heart wrenching to be a spectator of a divorce. Many of us have witnessed one or more of our friends go through the Big D or, even worse, we’ve experienced it ourselves. No one wants to see a marriage dissolve – the parents, kids or the friends of the couple intertwined in the impending break-up. However, the divorce trend among couples over 50 is becoming a startling statistic. In the last 20 years, the divorce rate among baby boomer couples has doubled. Read More