Preparing and Paying for QDROS in Divorce
Friday, Aug 27th 2021 | Mary Salisbury | Divorce
When an employer offers a 401(k) plan, along with that goes the long list of responsibilities and liability risks. This duty is often outsourced to a third-party plan administrator. As...
Can I Keep the Jewelry My Husband Gave Me...
Friday, Aug 20th 2021 | Mary Salisbury | Divorce
Socially, I have often heard women talk about the jewelry they received from their husband and noticed it seems to be assumed that they get to keep it if they get a divorce. North...
CSRS vs. FERS vs. Social Security in Divorce
Friday, Jul 30th 2021 | Mary Salisbury | Divorce
Federal employees are entitled to a pension under one of two retirement systems; either CSRS (Civil Service Retirement System) or FERS (Federal Employees Retirement System). CSRS is a...
Pensions in Divorce: What Are They And How...
Friday, Jul 23rd 2021 | Mary Salisbury | Divorce
Pensions have almost become a benefit of the past, having been replaced by 401(k) plans. However, they still exist for state and federal employees and the military. Also, because the...
Splitting National Guard and Reservist...
Friday, Jul 2nd 2021 | Mary Salisbury | Divorce
Dividing retirement pay (a pension) for a servicemember is complicated, and splitting it up when the servicemember has been in the Guard or Reserves is even more complex. Why? ...
Properly Address 401(k) Plan Loans in Divorce
Friday, Jun 25th 2021 | Mary Salisbury | Divorce
Participants in a defined contribution retirement plan (the most common of which is a 401(k) plan) at work often have the ability to take out a loan from their account balance. These...