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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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