Timothy Sumer

Are you in the unfortunate situation of being in a divorce? These breakups usually go through a lengthy process of dividing assets and your retirement plan may be one of them. Due to the nature of retirement plans, Qualified Domestic Relations Orders (QDROs) have been designed to bridge the legal gap between Federal laws that govern retirement plans and State laws that govern marriages. While the Summary Plan Description that defines your particular employer's retirement plan will outline QDROs, they are not cookie-cutter and will require an attorney's input in most cases to be finalized. See our website BenefitResources.com for links to all of our blogs and thanks for watching this week's Question of the Week!... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing QDRO Advice and How QDROs Impact retire...

In this web conference attorney Erwin Kratz discusses tips and traps family law attorneys should be aware of when negotiating the division of retirement plan assets, including solutions to the unique challenges presented by: *The type of retirement plan you are dealing with - whether a defined contribution plan, defined benefit plan, private or governmental, tax qualified or non-qualified plan *Accounting for pre-marital account/benefit accumulations *The effect of post marital service and compensation increases *Accounting for outstanding loans in defined contribution plans *Avoiding surprises caused by delayed distribution provisions *Awarding pre-retirement death benefits *Awarding post retirement survivor benefits *Allocating the cost of providing survivor benefits For more information visit www.qdroaz.com... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing H...