The Women's Institute for a Secure Retirement (WISER) released Divorce and Retirement: How to Take Control of Retirement Benefits, a short, commonsense guide on a complicated topic: splitting the financial assets -- all of them -- during a divorce.
Written by WISER staff, including divorce attorneys and industry experts, Divorce and Retirement claims that what you don't know -- and don't ask about -- can and will hurt you in a divorce.
WISER urges readers to get as much information as possible prior to the divorce because it's nearly impossible to go back to court and ask about a share of your ex-husband's benefit that you learn about after the fact.Because pension and retirement benefits are not automatically split in a divorce, they are often overlooked, and women especially can end up losing big.
Divorce and Retirement reiterates the importance of these benefits and breaks down the legal jargon that usually accompanies information on marital property, negotiating an agreement, and getting a qualified domestic relations order (QDRO). WISER also points readers to additional resources, such as AoA-funded Pension Rights Projects across the country, and fact sheets that go into further detail.
Divorce and Retirement is available for free online at http://www.wiserwomen.org/.
Divorce is complicated enough without having to worry about retirement benefits. Women need to be armed against their biggest enemy, and it's not the husband -- it's a lack of information.
Joan Rogliano is the Founder of The Wildflower Group, an organization that strives to empower women with practical information about finances and real estate, and to create a sense of community. For more information visit http://www.wildflowergroup.net/.
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