CDFAs are frequently brought onto a case to help provide options and scenarios for dividing retirement accounts. Many times though, the clients and their attorneys do not even know what type of accounts the clients have. Imagine being divorced and hiring someone to do the QDRO only to find out that the plan is non-qualified and it cannot be divided by a QDRO. Or, that only one sentence was used to divide the parties’ biggest asset - a pension - and none of the ancillary benefits were addressed? That agreement contained twice as much language dividing the parties’ wedding china than it did for the pension.

This webinar, led by Certified QDRO Specialist™, Diane Pappas, will cover many of the mistakes made when verifying and dividing different types of retirement plans. We will cover both qualified and nonqualified plans for both defined contribution and defined benefit plans, as well as addressing some common issues with state pensions. Marital coverture fraction for defined benefit plans will be demystified. Pros and cons for the equalizing of multiple accounts and a brief review of when to do a pension valuation will also be covered. Sample language will also be provided.