You may have heard about the big changes coming to retirement plans and savings options in 2023. Both changes, made by the IRS, benefit employees or those saving for retirement. These changes were driven by inflation and the associated macroeconomic impacts. In this blog post,...
In working with clients throughout Colorado, many divorced women do not save much for retirement. This is especially true if 100% of their income is coming from maintenance payments. It’s important to consider how to prioritize saving for retirement despite competing priorities in your budget....
Divorce will introduce you to a whole new set of legal and financial terminology, as well as acronyms. Understanding the processes, steps, and orders are essential to having a successful financial future. When you work with a financial expert, especially one who has experience supporting...
As part of evaluating your total marital estate, various types of stock might come into play. Two of the most confusing of those stocks include stock options and restricted stock, which need special evaluation in your divorce and asset division. In this post, we decode...
If there wasn’t enough to sort through, employer pension plans can be a particularly confusing aspect of dividing your assets in a divorce. From decoding what pension plans truly are to understanding whether you need a valuation for one that you or your ex-spouse has,...
There is so much to financially sort through during the divorce process. From splitting physical assets to dividing up real estate to sorting through retirement accounts, different rules and laws apply for different types of marital assets. In this post, we discuss how retirement accounts...