Why Do You Need A Pension Evaluation?
Posted on Aug 10, 2011 9:35am PDT
Q. Brittany L. of Michigan asks: "Why do I need a Pension Evaluation?"
A. Brett, from the QDRO Department of Pension Evaluators & QDROS Of
Troyan, Inc Associates Group replies: "If you have filed for divorce or are only in the process, you need to protect
your financial future! Most often, a Pension Evaluation is used to compare
the value of a pension against the value of other marital assets like
the equity in the marital home or a 401(k), for example.
Another common reason for obtaining a Pension Evaluation is to compare
retirement benefits, such as, which age to retire or which form of benefit
to you want to elect - such as survivor annuity, single life annuity or
lump sum. The election you choose will affect the amount and duration
of your pension benefit payments."
Brett Disdale
Lead QDRO Consultant
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