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It all depends on which state you have resided in for the past 90 days. If the state is a community property state, the all funds which were contributed from the date of marriage to the date of divorce are subject to division.
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If a man and a woman have been married 30 years and they divorce is the wife entitled to any of his 401 K?
In most cases, the spouse may be entitled to a portion of the other spouse's 401(k) if acquired during the marriage. This would depend on the laws of the jurisdiction where the divorce is taking place and the specific circumstances of the case. It is advisable for the wife to consult with an attorney experienced in family law for guidance on how this would apply in her situation.
If your wedded spouse dies without a will is the surviving spouse entitled to his 401k?
First, it depends upon who is named in the 401(k) records as the beneficiary. Second, it depends upon the intestacy and probate laws of the state in which the spouse died, regarding who (if anyone) has the right to challenge the 401(k) designation post mortem.
Do you have 401 k?
Do u know 401 k ???
How do I find out about the Prudential 401(k)?
Contact www.retirement.prudential.com/ regarding the Prudential 401(k).
How do I start a 401(k)?
You can start a 401(k) through any employer that offers a 401(k) plan. This give you the ability to save pre tax money.
What type of account contains contributions made with after- tax dollars?
Roth 401 (k) plan
Roth 401(k) vs. Traditional 401(k) and your Paycheck?
Roth 401(k) vs. Traditional 401(k) and your Paycheck A 401(k) can be an effective retirement tool. As of January 2006, there is a new type of 401(k) contribution. Roth 401(k) contributions allow you to contribute to your 401(k) account on an after-tax basis and pay no taxes on qualifying distributions when the money is withdrawn. For some investors this could prove to be a better option than the Traditional 401(k) contributions, where deposits are made on a pre-tax basis, but are subject to taxes when the money is withdrawn. Use this calculator to help determine the option that could work for you and how it might affect your paycheck.
If your common law spouse dies without a will is the surviving spouse entitled to his 401k pension plan?
There are a number of factors that can affect the ultimate payout. The employer and/or plan administrator would likely have a beneficiary designation on file for the 401(k). If the plan is an ERISA plan, it is unlikely that the interest of the surviving spouse (not the common law spouse) would be usurped. State law can come into play, too (ie, whether the wedded spouses were legally separated, etc.). I know this probably doesn't help, but the question is pretty vague and needs more details, such as was the spouse named as the beneficiary to the 401(k)? was the common-law spouse named as the beneficiary? what do the terms of the 401(k) plan indicate regarding distributions on the participant's death? is the plan governed by ERISA? were the spouses legally separated under state law (ie, did a court issue an order of separation? does state law take away the rights of a surviving spouse when there is a separation order?
Roth vs Traditional 401(k)<!--403b-->?
Roth vs Traditional 401(k)? A 401(k) contribution can be an effective retirement tool. As of January 2006, there is a new type of 401(k) - the Roth 401(k). The Roth 401(k) allows you to contribute to your 401(k) account on an after-tax basis - and pay no taxes on qualifying distributions when the money is withdrawn. For some investors, this could prove to be a better option than contributing on a pre-tax basis, where deposits are subject to taxes when the money is withdrawn. Use this calculator to help determine the best option for your retirement.
How do you apply for piping design 401 k plan loan?
how do you apply for a piping design 401 k plan loan
How do you withdrawl money from an old 401 k?
Type your answer here... how do i withdrawl my cash from the 401 k plan as soon as possible
Can you rollover a traditional IRA into a sepira?
No you cannot. SEP-IRAs are contributory in nature meaning you can make contributions to them but you cannot rollover non-SEP-IRAs (or 401k accounts) into a SEP-IRA. If your SEP IRA is likely to become substantial or you have funds in a 401(k) from a previous employer and you are an one person (or one person with a spouse) business, you should look into individual 401(k)s. All of the major financial institution and self-directed trust companies offer them. They work like a corporate 401(k) but you have complete control. They may be better than a SEP since: 1. The contribution limits are higher 2. You can borrow against the 401(k) but not a SEP 3. You can have a Roth 401(k) but you cannot make Roth contributions to a SEP 4. You can buy life insurance or invest in a S corporation in a 401(k)
