Divorce and the Lake Shore Schools Chicago 401(k) Plan: Understanding Your QDRO Options

Introduction Dividing retirement assets during divorce isn’t always straightforward—especially when it comes to 401(k) plans. One such plan, the Lake Shore Schools Chicago 401(k) Plan, presents unique challenges due to unknown sponsor details, potential loan balances, vesting schedules, and varying account structures (like Roth and traditional sub-accounts). A Qualified Domestic Relations Order—or QDRO—is required to […]

Divorce and the Millarrich, LLC 401(k) Plan: Understanding Your QDRO Options

Dividing the Millarrich, LLC 401(k) Plan in Divorce Dividing retirement assets like the Millarrich, LLC 401(k) Plan can be one of the most technical and financially significant steps in a divorce. This specific plan, sponsored by Millarrich, LLC 401(k) plan, is a type of qualified defined contribution plan that may include pre-tax, Roth, and employer […]

Divorce and the Amazing Souls Homecare LLC 401(k) Plan: Understanding Your QDRO Options

Dividing Retirement Assets in Divorce Dividing retirement assets like 401(k) plans during divorce is a critical part of the financial settlement. If your spouse has funds in the Amazing Souls Homecare LLC 401(k) Plan, it’s not as simple as withdrawing or transferring money. You’ll need a special court order called a Qualified Domestic Relations Order […]

Divorce and the Versique 401(k) Plan: Understanding Your QDRO Options

Introduction If you or your spouse participated in the Versique 401(k) Plan during your marriage, dividing that account in divorce isn’t as simple as just splitting the balance in half. Retirement plans—and especially 401(k)s—have specific rules for how benefits can be divided. That’s where a Qualified Domestic Relations Order (QDRO) comes in. This article explains […]