If my spouse has multiple retirement accounts, how are these divided?
If your spouse has multiple retirement accounts that are to be divided pursuant to the divorce, each account will need to be addressed individually in the divorce decree and potentially in separate QDROs. For example, if there are both a 401(k) and a pension plan, you will need specific instructions for dividing each. This may involve drafting multiple QDROs, each tailored to the requirements of the respective plans, ensuring all retirement assets are distributed as ordered.
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.
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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