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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. Will I Owe Taxes on a Divorce Settlement? - AOL

    www.aol.com/finance/avoid-paying-taxes-divorce...

    Marital Property Settlements and Taxes. In all ordinary cases, spouses do not owe any taxes for property transfers due to a divorce. This is controlled by two sections of the law: U.S. Code ...

  5. 401(k) withdrawal rules: What to know before cashing out ...

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

    The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

  6. Divorce settlement - Wikipedia

    en.wikipedia.org/wiki/Divorce_settlement

    Divorce settlement. A divorce settlement is an arrangement, adjustment, or other understanding reached, as in financial or business proceedings, between two adults who have chosen to divorce. [1] It serves as the final legal agreement between these adults for documenting the terms of their divorce. [2]

  7. Divorce in the United States - Wikipedia

    en.wikipedia.org/wiki/Divorce_in_the_United_States

    Private international law. Family and criminal code. (or criminal law) v. t. e. Divorce in the United States is a legal process in which a judge or other authority dissolves the marriage existing between two persons. Divorce restores the persons to the status of being single and permits them to marry other individuals.

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