Posts with the category ‘Divorce’


Adjusting to Life Financially after a Divorce

Prepared by Broadridge Investor Communication Solutions, Inc There’s no doubt about it–going through a divorce can be an emotionally trying time. Ironing out a divorce settlement, attending various court hearings, and dealing with competing attorneys can all weigh heavily on the parties involved. In addition to the emotional impact a divorce can have, it’s important to be aware of how your financial position will be impacted. Now, more than ever, you need to make sure that your finances are on… Read More


What Happens to My Retirement Assets in the Event of a Divorce?

Prepared by: Financial Planning Association Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic Relations Order (QDRO), which is part of a divorce settlement, specifies how retirement assets are divided. A QDRO specifies the amount or portion of a plan participant’s benefits that are paid to a spouse, former… Read More


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