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:
What 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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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