An interview with Tim Voit: An insider's look at the world of retirement plan benefits and QDROs in divorce with a nationally recognized expert.
By Louise Nixon: One of the most common problems for family law attorneys is figuring out what retirement plans are involved in the case.
By Robert G. Hetsler : What are some things a family lawyer should think about while still negotiating the divorce?
By Richard D. Johnston : In many cases, we are engaged to prepare a QDRO after the divorce has been finalized. However, this can result in costly delays (both emotional and financial), and in extreme cases loss of benefits.
By Tim Voit: My client was awarded 50% of the marital portion of her ex-husband's 401(k) but the plan administrator keeps rejecting the QDRO.
Mark K. Altschuler: If there is insufficient cash for immediate offset, does a QDRO have to award 50% of the marital portion to the non-employee spouse?
By Darren J. Goodman: A scenario: Husband owes Wife spousal support/alimony arrears of $100,000. Wife is currently receiving lifetime benefits of her marital share of Husband’s pension pursuant to a QDRO. Husband has begun receiving his remaining share of benefits over his lifetime.
By Louise Nixon: How Do I Know if the Judgement Drafted Sufficiently Protects My Client's Rights to the Ex-Spouses's Pension Benefits?
By Tim Voit: Retirement plans tend to be the largest marital asset in a divorce, in terms of value. Whether you are a family law attorney dealing with these issues on a daily basis, or an attorney who knows of (or is related to) a federal employee, here are some important issues to consider if the federal employee you know is going through a divorce.
Often times, retirement plan assets are needed to satisfy financial obligations that result from divorce – whether they are attorney fees or credits to allow one spouse to stay in the marital home. See the two common ways to avoid the 10% early withdrawal penalty associated with retirement plans.