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401K and Divorce: What Happens Now? – Ep132

401K and Divorce: What Happens?

by: Annette Bau, CFP®

One of the most common questions in retirement planning is what happens to a spouse’s 401(k) during a divorce. Today, in “401K and Divorce: What Happens Next,” Oscar Alvarez shares his insights on this important subject and what you need to know about a QDRO.

Several key considerations and timelines are involved when splitting retirement assets during a divorce. Today, we dive into them, so stay tuned!

Wealth Inside and Out® Podcast: “401K and Divorce: Divorce Survival GuideWhat Happens Now?”

In this episode, you will learn:
>> (3:25) A huge mistake affecting a 401(k) division. As a result, you may get less money.
>> (6:22) Understanding a QDRO
>> (11:52) One of the most common mistakes that often delays access to your money
>> (17:30) A tip to save money during a divorce

Conclusion: “401K and Divorce: What Happens Next?”

Several key factors must be considered when setting up a QDRO correctly. Today’s episode provides you with insider tips, tricks, and insight so you can ensure you don’t make costly mistakes.

If you or a loved one is considering a divorce or is going through one, you should definitely listen to today’s episode.

Enjoy the episode.

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TheMillionaireInsider.com® copyrights all materials and intellectual property.

This information is for educational purposes only. It is not intended to replace the advice of any advisor or specialist, nor to provide investment, financial, tax, retirement, planning, or healthcare advice.

Always consult with a qualified professional before making any financial decisions or changes.

To creating your financially secure tomorrow,

Annette

Links Mentioned In This Episode

  • The Divorce Survival Guide
  • What is a QDRO in a Divorce Planning
  • Free Financial Checkup
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  • ERS Disclosure

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About Annette Bau, CFP®

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Estate & Retirement Strategies, LLC (“ERS”) is a state-registered investment advisor located in Arizona and conducts business where properly licensed.  Registration does not imply endorsement by securities regulators. ERS is not engaged in the practice of law or accounting.

ERS provides comprehensive financial planning, insurance, and investment management services. Investing involves risk and is not guaranteed. Before investing, you should consult a qualified financial advisor. ERS is affiliated with The Millionaire Insider®, an organization that provides general information, courses, and publications on topics related to personal financial planning and other lifestyle and mindset topics, including information from third-party sources. Information provided is for educational purposes only and is not an offer or solicitation for the sale or purchase of any security or investment advisory services.

 

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