Divorce can devastate retirement savings; can a QDRO help?
Gray divorce, or divorce later in life, comes with many hidden costs, from losing a spouse’s healthcare benefits to splitting retirement accounts, which can impact day-to-day living and future plans. Roughly one-third of divorcees lost 25% to 49% of their retirement savings due to division, fees, …
Read MoreAfter a ‘gray divorce,’ protect your money
Divorce — and especially divorce after 50, known as “gray divorce” — brings a lot of changes. Both parties could be experiencing new and scary emotions. A divorce might bring changes to where you live, your annual income, and your retirement plans. If you’ve been working with a financial advisor …
Read More