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Crunching the numbersby Firmbee.com
Retirement
Questions

Can retirement assets be divided without a QDRO if both parties agree?

For qualified plans like 401(k)s and pensions, a QDRO is legally required to divide the assets, regardless of mutual agreement. However, for non-qualified plans such as IRAs, a QDRO is not needed, and the division can proceed with a certified copy of the divorce decree and appropriate forms from the financial institution.

Need More Details
Resource

Post Retirement

Learn the procedures and legal requirements to divide each type of retirement account to facilitate a smooth transition and compliance with the divorce decree.

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Resource

Retirement

Walk through various considerations when valuing and dividing or buying out retirement.

Resource

Balance Sheet

Learn about a balance sheet and how it can help you in the property division analysis.

Resource

Post-Divorce Intro

Learn about steps and tasks that need to be completed to implement the agreements outlined in the decree after the divorce is final.

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