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One of the most common questions is what happens to my spouse's 401(k) in 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!
In this episode, you will learn:
>> (3:25) A huge mistake affecting a 401(k) division
>> (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
There are several important factors to consider 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.
Links Referenced in the Show:
The Divorce Survival Guide: https://themillionaireinsider.com/dsg
Request Support from our Team: https://themillionaireinsider.com/sr
Get your Free Financial Checkup: https://themillionaireinsider.com/fc
Show notes and more information: https://themillionaireinsider.com/132
This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.
By Annette Bau, CFP®One of the most common questions is what happens to my spouse's 401(k) in 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!
In this episode, you will learn:
>> (3:25) A huge mistake affecting a 401(k) division
>> (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
There are several important factors to consider 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.
Links Referenced in the Show:
The Divorce Survival Guide: https://themillionaireinsider.com/dsg
Request Support from our Team: https://themillionaireinsider.com/sr
Get your Free Financial Checkup: https://themillionaireinsider.com/fc
Show notes and more information: https://themillionaireinsider.com/132
This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.