In a divorce, you don't need a QDRO to divide up an IRA between you and your soon-to-be ex without dire tax consequences. You can simply arrange for a tax-free rollover of money from your IRA into an IRA set up in your ex's name. Then your ex can manage the rollover...
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Month: February 2013
Divorce and the Management of Tax-Favored Retirement Accounts
If you are getting a divorce, and have a qualified retirement plan at work-such as a 401(k) plan-or a self-employed or small-business retirement program, such as a simplified employee pension plan (SEP). You'll probably have to divide up your retirement account (or...
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