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  2. 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.

  3. 401(k) withdrawal rules: What to know before cashing out ...

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

    Based on 401(k) withdrawal rules, if you withdraw money from a traditional 401(k) before age 59½, you will face — in addition to the standard taxes — a 10% early withdrawal penalty. Why?

  4. Divorce settlement - Wikipedia

    en.wikipedia.org/wiki/Divorce_settlement

    Types of settlements in the United States Property Distribution. When a couple goes through a divorce, the allocation of their property and assets becomes necessary. Certain state laws mandate an equitable distribution of property, wherein fairness takes precedence over equal division.

  5. Alabama Divorce Laws - AOL

    www.aol.com/alabama-divorce-laws-071150736.html

    401(k) and IRA and Divorce in Alabama If you have a workplace retirement plan like a 401(k), you might end up splitting the funds , either by agreement or on an order from the judge.

  6. Prenuptial agreement - Wikipedia

    en.wikipedia.org/wiki/Prenuptial_agreement

    The Retirement Equity Act (REA) of 1984, signed into law by President Ronald Reagan on August 23, 1984, reconciled confusion over whether ERISA preempted state divorce laws, thereby preventing pension plans from complying with court orders giving a spouse a portion of the worker's pension in a divorce decree.

  7. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

    www.aol.com/finance/401-k-ira-hardship...

    Retirement plans such as a 401(k) or 403(b) may allow you to take hardship withdrawals. The situation is a bit different for IRA accounts, which permit early withdrawals at any time.

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