Online Pension Valuations - Easily and instantly determine the value for distribution upon divorce.
Pensions & Divorce: ERISA (Defined Contibution Plan):
(Provided by: Pension Appraisers, Inc.)This is a private tax deferred savings plan set up by a company or individual that will provide an income to a participant upon retirement:Some Key Facts to Remember:Examples: Any Thrift Savings Plan, Profit Sharing Plan, Employee Stock Ownership Plan sponsored by a company, or John Doe IRA Account #123456Benefits may be distributed in a lump-sum payment to the Alternate Payee immediately following qualification of the Order, when the Participant actually retires or at any other time as permitted by the plan.Once the plan distributes the lump sum payment to the Alternate Payee, the Alternate Payee must roll over the money into an IRA Account or another similar entity or he/she could be assessed a significant penalty. (Could be 20% or more!)Go to: Pension & Divorce Informational Section
Our Book Recommendation:Pension Issues and Divorce (by mail or download)
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