GET HELP: (314) 884-6058
Schedule a Consultation
  • HOME
  • How it Works
  • Pricing
  • Contact Us

If I Receive A Share Of My Spouse’s 401k Through A QDRO In A Queens Divorce, Can I Make Investment Decisions For Those Funds?

December 1, 2014 by Marc Jacob

There are several ways you can receive your share of 401(k) funds, some of which allow you to make investment decisions and some of which don’t.

There are also variations among plans in how disbursements can be handled. Some will allow a lump sum payment, others may not.

Where a lump sum can be paid out, you may simply roll the funds over into your own 401(k) or other retirement account.

This gives you control over the investments you make with the money right away, and adds to the value of your existing plan.

When distributing retirement assets, there are many issues that have be addressed that are very specific to each situation.

There are also tax implications that must be carefully considered when QDROs are created.

The experienced Queens divorce attorneys at Zelenitz, Shapiro & D’Agostino can help clarify the picture for you and strategize the most advantageous use of retirement funds.

Call us today at 718-523-1111 for a free consultation.

Filed Under: Divorce

HOW CAN WE HELP YOU?

We strive to get back to you within 1 business day

* REQUIRED FIELDS

Contact
7733 Forsyth Blvd. #1100,
St. Louis, MO 63105
By Appointment Only.
Contact Us : 314-884-6058

Copyright © 2022 Home Sweet Legal

THE CHOICE OF A LAWYER IS AN IMPORTANT DECISION AND SHOULD NOT BE BASED SOLELY UPON ADVERTISEMENTS.

© 2022 Home Sweet Legal®, a division of The Jacob Law Firm, LLC d/b/a Marc Jacob, Esq. All Rights Reserved. Information provided on this website is for informational purposes only, and should not be construed as legal advice. Transmission of information from this website or via Internet email from or to this website or via any forums hosted or provided by this website does not create an attorney-client relationship, nor is it intended to create such a relationship. Links to sites maintained by third parties are for your convenience, but this law firm does not endorse those sites.

No attorney-client relationship exists until at least one Client has signed our fee agreement and the law firm has either signed it or sent a confirming email that we accept the representation.

Website & Marketing by: The Attorneys ATM