Dividing Retirement Benefits in Divorce

Dividing Retirement Benefits in Divorce

Dividing Retirement Benefits in Divorce The benefits accumulated under qualified pension and profit sharing plans are often one of the largest assets a married couple owns. If the couple divorces, sometimes their retirement benefits must be divided. Since 1984,...
Dividing Retirement Benefits in Divorce

Choosing the Right Plan

Choosing the Right Plan Regardless of the size of your business, or whether it is a sole proprietorship, partnership, LLC or a corporation, there are several types of retirement plans to choose from that can reduce your tax liability and increase the retirement...
Dividing Retirement Benefits in Divorce

Keeping Plans in Compliance

Keeping Plans in Compliance A qualified retirement plan can provide many benefits to employees as well as the sponsoring employer. Employees are ultimately provided with income to help sustain their lifestyle in their post-retirement years. Employers are given a tax...
Dividing Retirement Benefits in Divorce

New Comparability After EGTRRA

New Comparability After EGTRRA Ben, after many years of working for a contractor that did not sponsor a retirement plan, decided to start his own construction company. Due to his many contacts in the industry, his business grew very quickly. In order to attract and...
Dividing Retirement Benefits in Divorce

When Good Plans Go Bad

When Good Plans Go Bad Despite the care taken by plan sponsors and their pension advisors, errors occur in qualified plan administration. It is to no one’s advantage to have such errors disqualify a plan or to create penalties so onerous that plan sponsors are...