{3:00 minutes to read} When Charles and Lisa decided to divorce, they hired attorneys, who negotiated the terms of their agreement. As part of their settlement, Charles would receive $100,000 from Lisa’s 401(k). They had [...]
{2:36 minutes to read} While the rate of divorce for the general population was relatively flat between 1990 and 2010, the divorce rate for couples age 50 and over doubled during that span. As a group, [...]
In my last post, I discussed the concern I have for someone who trades his or her interest in a pension for, most commonly, the house. Despite the fact that I almost always suggest to [...]
A traditional pension, as opposed to a retirement account such as a 401(k) or an IRA, provides a life-time income stream to the employee, based upon a combination of his or her years of service [...]
