Sentences with phrase «type of qualified retirement plan»

An in - service distribution is when a plan allows you to move all or a portion of the 401 (k) out of the plan into another type of qualified retirement plan.

That savings usually goes into a 401 (k) plan, an IRA, or some other type of qualified retirement plan or real estate (which seems to be making a huge comeback).

Named for Delaware Senator William Roth and established by the Taxpayer Relief Act of 1997, a Roth IRA is an individual retirement plan (a type of qualified retirement plan) that bears many similarities to the traditional IRA.

A Roth IRA is an individual retirement plan (a type of qualified retirement plan) that bears many similarities to the traditional IRA.

A Roth IRA is an individual retirement plan (a type of qualified retirement plan) that bears many similarities to the traditional IRA.

The most common types of qualified retirement plans are 401 (k), defined benefit plans, and profit - sharing plans.

Not exact matches

First of all, protect your retirement interests during the divorce process by obtaining the necessary legal documents, such as a Qualified Domestic Relations Order (QDRO), to delineate how your retirement plan will be split up and evaluate the type of payment transferred.

The type of retirement plan, whether it be an IRA or qualified plan determines the rules that will apply to you.

A qualified deferred compensation plan is governed by ERISA, a federal law known as the Employee Retirement Income Security Act of 1974, that also regulates retirement accounts for various types of organizations.

(Qualified retirement plan assets may have some protection from creditors under federal and / or state law, depending on the type of plan and jurisdiction, but you would still be liable for any judgments.)

Partner Mark Miller has significant experience in designing all forms of qualified retirement plans and executive compensation arrangements, as well as litigating issues involving these types of plans.

If you have a pension, qualified plan, or other type of retirement account that is getting divided in your divorce, than you probably need a QDRO.

If you successfully exceed that 2 %, you can deduct 3 types of fees: 1) fees you paid for tax planning (such as consultation with your CPA during your divorce to determine the best property settlement payout), 2) fees you paid to obtain taxable income (such as your attorney fees for collecting spousal support, if you are the recipient), and 3) fees you paid for securing an interest in a qualified retirement plan (such as those paid to divide your and your ex-spouse's defined contribution plans).

And because there are so many different types of retirement plans (ie: 401 (K)'s, pensions, 403 (B's), stock ownership plans, etc.), a qualified QDRO consultant who is familiar with each type of retirement plan must be employed to draft this specialized document.

Edelman's view is based on the fact that self - employed people can often qualify to make pretax contributions to other types of retirement plans.