One of the most complex and difficult decisions a divorcing couple faces is the division of the pension rights accumulated during the marriage.
QDRO or Buyout: Preparing Today for A Secure Tomorrow
Some 84 million Americans work for companies that maintain ERISA-covered retirement plans that are divisible by Qualified Domestic Relations Orders (QDROs), which guarantee the non-worker spouse (the non-owner) a share of the pension. Or the couple can opt for a buyout (sometimes called an immediate offset), by which one spouse trades away pension rights for another asset.
By
Theodore K. Long, JR.This premium content is locked for Accounting and Financial Planning for Law Firms subscribers only
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