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A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a ...
Step 2: Take stock of your investments. The first step in protecting your finances during a divorce is to understand what you own. Maybe your spouse handled the money or managed joint investment ...
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.
Military divorce. Military divorce is a specific type of divorce that arises when one or both partners are members of the military. Although typically an uncontested divorce, military divorces are different because they require additional requirements to be fulfilled. Divorces occur less frequently than within the civilian population. [1]
A cash balance plan is a defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan. The hypothetical nature of the individual accounts was crucial in the early adoption of such plans because it enabled conversion of traditional plans without declaring a plan termination .
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
A 2021 study from The Journals of Gerontology finds that women 50 and older who divorce experience a 45% decline in their standard of living, compared to 21% for men, and Pew finds they are more ...
Amy Poehler. Leslie Knope (Amy Poehler) is the deputy director of the Pawnee Parks and Recreation Department, and the protagonist of Parks and Recreation.Leslie is a passionate, hard-working and ambitious woman who loves her hometown of Pawnee and, unlike many around her, has not lost her optimism in the face of government bureaucracy.