Protecting Your Finances During a Divorce
Going through a divorce can be a very emotional and difficult situation to navigate, which can leave individuals financially vulnerable as well. If you are
Going through a divorce can be a very emotional and difficult situation to navigate, which can leave individuals financially vulnerable as well. If you are
Does your spouse have more than one pension or retirement plan from his or her current or previous job? Your spouse may be eligible for
Ask your lawyer… Do you have experience dividing pension plans and drafting pension orders (Qualified Domestic Relations Orders or QDROs)? Do you have the necessary
1. Doesn’t ask soon enough for information about spouse’s pension and retirement benefits. Before you sign a property settlement agreement or go to court, your
When a couple divorces, Individual Retirement Accounts may be divided by a regular court order or judgment. However, women should be aware of the tax
Women face a greater risk of poverty in old age than men. One important reason is that women are less likely than men to receive
Certificates of deposit (CDs) are an attractive saving instrument for individuals seeking a low-risk investment that can be converted into cash fairly readily. CDs require
Here is a brief explanation of commonly used pension and savings terms: Annuity: Regular payments of income (usually monthly) over a specified period of time
Defined Benefit and Money Purchase Pension Plans: Defined benefit and money purchase plans must provide two types of protections for the spouses of plan participants
Challenge #1: Women earn only 82 cents for every dollar that men earn. Black women earn 61 cents and Latinas, 53 cents. Result: Women save
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