It is important to consider the tax treatment of various assets when dividing marital property to ensure a fair division. Say, for example, you and your spouse have a 401k as well as a Roth IRA, both with roughly equal dollar amounts. On the surface it may seem that awarding one to each spouse makes…Read More
Looking to Retirement Funds to Cover Child Support Arrears
In a divorce settlement agreement a Qualified Domestic Relations Order (QDRO) is a judgement decree or order that allows an alternate payee to receive all or a portion of the benefits payable to a participant in a retirement plan. In other words, if your soon-to-be-ex-spouse has contributed to a 401k or pension during the marriage,…Read More