Tag Archives: QDRO

How Is Deferred Compensation Addressed in a New York Divorce?

  Executives and other employees frequently opt to defer some of their salary for a variety of reasons. Typically, a prime motivation is to reduce current tax liability while reaping the benefits later in life when one’s overall income is lower. This is often a wise financial decision, but it can complicate the division of… Read More »

Why You Need a QDRO to Divide Your Retirement Accounts After Divorce

Among the most valuable assets to be divided during a divorce are retirement accounts, such as pensions, 401(k)s and IRAs. However, the process of transferring the money from one spouse to the other does not happen automatically when the divorce is granted. Most retirement plan providers will not release funds without a qualified domestic relations… Read More »