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  2. I'm Getting Divorced This Year at 55 With $800k in a 401(k ...

    www.aol.com/im-getting-divorced-55-800k...

    Typically, you will keep that $300,000. The remaining $500,000 might be considered a marital asset and be distributed between you and your spouse. You might then agree to split that money 50/50 ...

  3. Qualified domestic relations order - Wikipedia

    en.wikipedia.org/wiki/Qualified_domestic...

    A qualified domestic relations order (or QDRO, pronounced "cue-dro" or "qua-dro"), is a judicial order in the United States, entered as part of a property division in a divorce or legal separation that splits a retirement plan or pension plan by recognizing joint marital ownership interests in the plan, specifically the former spouse's interest in that spouse's share of the asset.

  4. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    Unfortunately, due to disbursement rules on 401(k) accounts, you’ll still pay taxes and likely be hit with the penalty if you’re not 59½ with a hardship distribution.

  5. How To Get Around the 401(k) Withdrawal Penalty - AOL

    www.aol.com/around-401-k-withdrawal-penalty...

    If the assets in your 401(k) are subject to a qualified domestic relations order and need to be divided due to a divorce, the funds can be moved into an account for your former spouse.

  6. Uniformed Services Former Spouses' Protection Act - Wikipedia

    en.wikipedia.org/wiki/Uniformed_Services_Former...

    The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military ...

  7. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...

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