In this blog, we will talk about one of the most common retirement plans that you or your spouse might have – the 401(k) plan. Most people have heard of a 401(k) plan. Just in case you haven’t heard of a 401(k) plan, it is a retirement savings plan that is sponsored by an employer. It allows […]
Retirement Plans are often divided in divorces. Whether you have a retirement plan that you want to protect in your divorce, or whether you believe that you should receive part of your spouse’s retirement plan, you will need to learn about the difference between a Qualified and Non-Qualified Retirement Plan. If you are going through a […]
Previously we discussed the difference between qualified and non-qualified retirement plans . In divorce, it is important to determine what type of plans you and your spouse have as soon as you can. But, qualified and non-qualified plans are not the only ones out there. Here, we will discuss hybrid plans, including local, state, and federal government plans. Dividing Hybrid Plans […]
In our previous blogs, we received stock options, restricted stock options and restricted stock units. In this blog, we’ll focus on how these stocks will become affected if you file for divorce. Maybe you got awarded stocks by your company and you don’t know if your spouse has a claim to them in the divorce. […]
In my last blog, Understanding Stock and Restricted Stock Options, we explained stock options and restricted stock options as employee benefits. If you have received one of these benefits from your company, you need to consider what will happen to them now that you are filing for a divorce. Another similar factor to consider are […]
In your divorce, your retirement plans, including stocks will probably be subject to division. Understanding if and how these plans will get divided is important as you enter the divorce proceedings. If you have stock options as an employee benefit, it is important to understand what will happen to this benefit in your divorce. Likewise, […]
The exception is for those couples over the age of 50 (gray divorce) for whom the divorce rate has doubled. One in four marriages for those in
Your retirement plan might have its specifics.This article discusses some other types of retirement plans besides qualified and non-qualified plans.