When you start dating someone new, do you pay attention to their financial practices? It turns out that poor financial management abilities can be very detrimental to a successful relationship. Try to learn about your partner’s money management philosophy and skills to make an informed decision about your future as a couple. Read more in […]
If you are a federal employee, most likely, you participate in the Thrift Savings Plan (TSP). Like your other financial assets, it will be divided as agreed by you and your spouse or as ordered by the court. In order to divide the TSP, you are required to file a Retirement Benefits Court Order (RBCO) […]
When to start dating and moving on with life? That is a personal decision. For some of us, dating may be acceptable even during a separation while for others, it may be appropriate only when enough time has passed. How much time is an individual choice. This article provides some factors to consider when making the decision […]
In order to divide qualified retirement assets, such as a 401(k), profit sharing plan, or defined benefit plan, a qualified domestic relations order (QDRO) will be a necessary document. This article explains the tax implications when such a division is made improperly without a QDRO. On the other hand, QDROs are not used to divide an IRA, […]