Splitting Retirement Plans in Divorce - What You Need to Know

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  • เผยแพร่เมื่อ 25 ธ.ค. 2024

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  • @sophiafeng9283
    @sophiafeng9283 ปีที่แล้ว +1

    very helpful, thanks

  • @phay1966
    @phay1966 4 ปีที่แล้ว +2

    I got divorced in about 2001 and we were married 23 years and 4 children. My ex spouse would not show up at court did not answer the door or reply to my attorneys mailings. His place of employment would not answer my attorneys messages or phone calls. I don’t know how my attorney got the info to fill out the paperwork for my divorce or qdro, but in my divorce decree there is a QDRO, which states that I’m to receive 50% of his pension. Now it’s 2020, and I should’ve started receiving payment from his retirement, but I can’t even talk to the firm that deals with it. They would not talk to my attorney and they won’t look at the qdro is there anything I can do? My attorney has not did anything since he was not able to get in touch with the firm handling the pension. I didn’t know what else to do.

    • @queenalettasimmons5397
      @queenalettasimmons5397 ปีที่แล้ว

      Qdro is when they sign something so you can't receive anything that's why he didn't show up because he did everything probably just through paperwork and he knew that you wasn't going to get anything cuz he filled out that form but if he didn't have that form filled out you would have gotten something but you still should have gotten Financial benefits from the time you was married to him

    • @bonnieupton4114
      @bonnieupton4114 11 หลายเดือนก่อน

      Huh?

  • @EAAAA1505
    @EAAAA1505 7 หลายเดือนก่อน

    If you have an IRA and then get married and never contribute but that money continues investing and growing and then you get divorced, do you have to split that account even though it was opened before getting married?

    • @EBMB21
      @EBMB21 หลายเดือนก่อน +1

      As long as you did not contribute while married, that should remain a separate property.

  • @shannons842
    @shannons842 4 ปีที่แล้ว +1

    Possibly you can answer this. My ex spouse will not work with me on the QDRO which is in dissolution and final judgement which I'm to receive half of 401k. How do I get a plan statement in order to have QDRO drawn up if he will not give to me or lawyer.
    Or will I need to just fine for Contempt?

    • @antoinetterandazzo4580
      @antoinetterandazzo4580 4 ปีที่แล้ว

      Fiesty Taco call the investor and tell them you need a copy,

    • @queenalettasimmons5397
      @queenalettasimmons5397 ปีที่แล้ว

      If he did not sign that form then you are entitled to something but if he signed that qualified domestic order then you can't receive anything

  • @antoinetterandazzo4580
    @antoinetterandazzo4580 5 ปีที่แล้ว +2

    I have been married for 43 years and separated for about 12 (not legally separated) now my husband is retiring and he won’t share his pension. Can he do that?

    • @Divorceandyourmoney
      @Divorceandyourmoney  5 ปีที่แล้ว

      Antoinette, that's a great question to discuss via a coaching call, which you can book at divorceandyourmoney.com

    • @fiziflash
      @fiziflash 5 ปีที่แล้ว +7

      of course! They are HIS money earned by him. Why would you think you deserve some of them?

    • @antoinetterandazzo4580
      @antoinetterandazzo4580 5 ปีที่แล้ว

      Alexandru Costiniuc by law he has to at less I sign a document that I don’t want it
      It’s called signing away my rights

    • @fiziflash
      @fiziflash 5 ปีที่แล้ว +4

      @@antoinetterandazzo4580 let alone the law by a seccond. Do you think is fair to give you part of his hard earned money just because he signed the wrong paper with you? do you think is FAIR?

    • @antoinetterandazzo4580
      @antoinetterandazzo4580 5 ปีที่แล้ว +11

      Alexandru Costiniuc yes it’s Fair , he made money with my help, I raised 3 kids and working too and cleaning and cooking and doing laundry and go food shopping and so on and on . I’m going to leave it st that I’m not doing a debate with you or anybody alse
      Thank you

  • @lisajones6496
    @lisajones6496 5 ปีที่แล้ว +8

    It's so stupid u have to give a person half your pension and they cheated on you for 20 yrs

    • @anitramoore9514
      @anitramoore9514 4 ปีที่แล้ว +1

      lisa jones prenuptial is a must with the character traits and morals in today’s society.

  • @debbiemcmillin3290
    @debbiemcmillin3290 5 ปีที่แล้ว

    currently my ex and i are splitting part of his ira.....i have one too...we both live in ky......the iras have been invested with a private holding company for the last 10 yrs....as of this month...the company we are invested in , is now paying their notes off ...hense the split ot the ira is taking place now,with the private holding company....my ex and i have gone through divorce and mediation where the judge signed off on a fixed amount of his ira to transfer into my existing ira .....the question i have is....should the case # of the divorce be included in the transfer of the ira ...my ex husband just emailed me a transfer letter that he is fixing to send to the holding company as to how to transfer ....the transfer letter he typed did not include the case # of my divorce and mediation agreement...all it stated was our account #'s the amount to be transfered , and to transfer from one ira to the other ira.......thanks

  • @lisajones6496
    @lisajones6496 5 ปีที่แล้ว

    I know a coworker whose husband never worked. She got surplussed then had to give her dead beat ex husband half

    • @iMoNsTruO
      @iMoNsTruO 5 ปีที่แล้ว +2

      Just apply the same benefits that stay at home wife gets.

    • @russelwilson1177
      @russelwilson1177 4 ปีที่แล้ว +1

      It’s called equality at work.

  • @sherryscruggs8773
    @sherryscruggs8773 4 ปีที่แล้ว

    Can you get your pinchion plan out with out husbands signature

    • @antoinetterandazzo4580
      @antoinetterandazzo4580 4 ปีที่แล้ว +1

      Sherry Scruggs Depends on the paperwork you husband signed
      At less you waive your right to collect his pension it should be no problem

    • @bonnieupton4114
      @bonnieupton4114 11 หลายเดือนก่อน

      Not a good answer

  • @lisajones6496
    @lisajones6496 5 ปีที่แล้ว

    Do u answer questions