If you are a federal employee, most likely, you participate in the Thrift Savings Plan (TSP). Like your other financial assets, it will be divided as agreed by you and your spouse or as ordered by the court. In order to divide the TSP, you are required to file a Retirement Benefits Court Order (RBCO) […]
When to start dating and moving on with life? That is a personal decision. For some of us, dating may be acceptable even during a separation while for others, it may be appropriate only when enough time has passed. How much time is an individual choice. This article provides some factors to consider when making the decision […]
In order to divide qualified retirement assets, such as a 401(k), profit sharing plan, or defined benefit plan, a qualified domestic relations order (QDRO) will be a necessary document. This article explains the tax implications when such a division is made improperly without a QDRO. On the other hand, QDROs are not used to divide an IRA, […]
Divorce is hard emotionally, but it can be extremely stressful for the non-moneyed spouse. Typically, this would be the stay-at-home spouse who sacrificed his or her own career to care for the home and children and support the professional aspirations of the working spouse. Quite often the working spouse also controls the finances. Therefore, the […]
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