Question: I need to borrow against my 401k in order to retain a lawyer for my divorce case. However, the plan administrator tells me that I will have to get my ex-wife to co-sign a release before I can receive a loan from my 401k. Can she be forced by …
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Question: I was ordered to pay my ex-wife half of my pension. Since the order was issued she has remarried. Should this judgment still stand?
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Question: I have signed a stipulated order and paying a large amount each month in spousal support. Isn’t support supposed to be worked out in the separation or post-nuptial agreement? Another issue is my soon-to-be-ex-wife’s teacher’s pension. I have been told that the cash value of the pension is the …
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Question: If a QDRO has been signed with surviving spouse wording in it (referring to the ex-wife) what rights will my new wife have when I remarry? Does it open a door for my ex-wife to benefit from assets collected in my second marriage?
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Question: I have been divorced for over two years. I recently received notice from the IRS that I owed additional taxes on a 403b that I was court ordered to distribute to my ex wife. Since it was only in my name, I only received notice on the back tax …
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In this week’s edition of Money Made Easy, host Dan Danford answers this question from a viewer: How do I go about picking investments for my 401(k) plan? Danford, MBA, CRSP of Family Investment Center, explains some basic financial points you should keep in mind when choosing investments for your …
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Question: I am active duty military who worked very hard for many years to secure 50/50 joint custody with my two children. I still pay child support. In two years, I will be forced to retire from the military because to accept another assignment would mean forfeiture of my 50/50 …
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Question: I am not currently receiving military disability but it is at the board awaiting final approval. When filling out the divorce papers, my spouse asked me about my disability payments from the military. Do I have to legally disclose this amount when a decision is reached as I was …
CONTINUE READINGIn this edition of In The Studio, DadsDivorce.com editor Matt Allen shares what’s new on the site this past week including: Money Made Easy: When to Take Social Security Benefits DadsDivorce Live: How Infidelity Affects Your Divorce Divorce news from Cordell & Cordell, P.C. attorneys
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In this week’s edition of Money Made Easy, host Dan Danford answers this question from a viewer: I’ve heard the longer you wait before taking your social security benefits, the bigger your checks are. So when should I retire and take my social security benefits? Why wouldn’t everyone just take …
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