retirement assets

Fox Rothschild’s New Jersey Family Law Legal Blog welcomes Noah B. Rosenfarb, CPA, an Accountant and Holistic Wealth Advisor with Freedom Divorce Advisors, a financial advising company designed to aid women in securing their financial future post-divorce, as a guest blogger. 

Noah’s articles and insights are particularly relevant with the message and content of our firm’s blog, and, having worked with him on several occasions, we know that he will provide invaluable insights to our readers.  With that being said, I provide below the text of an article Noah recently wrote about using retirement assets to satisfy financial obligations resulting from divorce, and tips to avoid early withdrawal penalties associated with doing so.

Continue Reading Retirement Plan Assets To Fund Post-Divorce Obligations: Strategies To Avoid Early Withdrawal Penalties

Most people are overwhelmed during the process of a divorce.  Stress and emotions run high, there are the added time constraints of the court and the daunting tasks of discovery, court mandated appearances and either a trial or coming to a final resolution.  When the judge signs off on the final judgment of divorce a great weight can be lifted and its easy to feel that the process is over.

Oftentimes, this is not the case.  What has been referred to as ‘loose ends’ can easily be overlooked and forgotten.  A perfect example is the finalization and submission of Qualified Domestic Relations Order (“QDRO”) to plan administrators for the division of qualified and some times non-qualified retirement plans and benefits.  I have previously blogged on this issue.  To read those entries, click here and here.

Continue Reading Divide Those Retirement Assets