If you are facing a divorce or if you are recently widowed, you may find the following financial decision making resources helpful. When I was divorcing over 12 years ago, the judge ordered a qualified domestic relations order (QDRO) written and submitted to my ex’s workplace so I was guaranteed a portion of his pension when he retires. The QDRO also required I hire an expert to figure out the value of the account at the time of the divorce. The judge ordered my ex and I to split the cost of these extras.
Learn more about QDROs and other important issues from the resources below from the Women’s Institute for a Secure Retirement (WISER).
“Both divorce and widowhood can be extremely emotional and oftentimes unexpected events in a woman’s life. The difficulties are often further compounded by the practical issues that arise during these transitional periods. WISER has developed various resources to help make this time a bit less stressful and to help newly divorced or widowed women make smart and informed financial decisions.