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Newest Member: Ashley2000 (61792)

User Topic: Pension & Qdro?
Must Survive
♀ 34533
Member # 34533
Default  Posted: 1:44 PM, August 19th (Monday), 2013View ProfileEdit MessagePrivate MessageHomepage

I am trying to understand how the pension for my STBXH works. Tomorrow is court.

I am 10 years older than STBXH. If I understand the pension, I can't collect until he is retirement age. That won't do me much good. And if he dies, it looks like I get nothing.

Anyone know where to get more info?

WS: Just a squished bug on the window of my life!
Divorced-Let my new beginning start

They have a choice: they can live in my new world, or they can die in their old one." Daenerys Targaryen

Posts: 1063 | Registered: Jan 2012 | From: Must Survive
Grace and Flowers
♀ 34431
Member # 34431
Default  Posted: 3:20 PM, August 19th (Monday), 2013View ProfileEdit MessagePrivate MessageHomepage

Yes, every pension is different, and your lawyer should have been in touch with the plan administrator to do a QDRO.

In my case, the pension was split in half. When you do a QDRO, you are able to remove your portion with no PENALTY...just taxes. Or, you can reinvest it into a 401k and of course pay no taxes.

But it is the pension/plan administrator whom has all this info, and it should be going to your lawyer to handle. A QDRO can only be done AFTER the D is final. So if you are going to court tomorrow to finalize your D, this should NOT be of it. Please make sure you don't sign away your rights to something you are entitled to!

Good luck.

[This message edited by SadMad2012 at 3:21 PM, August 19th (Monday)]

"Absence makes the clarity grow stronger" - cantaccept

"A good man with good intentions has no reason to lie" - somer222

Posts: 1398 | Registered: Jan 2012 | From: US
Topic Posts: 2

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