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Thinking about withdrawing funds from your retirement accounts to settle a divorce agreement? Think again!⠀
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Consulting with a Certified Divorce Financial Analyst (CDFA) before touching your retirement accounts can save you a significant amount of money. A CDFA helps you understand the legal and financial implications of dividing retirement assets. They can guide you through the Qualified Domestic Relations Order (QDRO) process, which allows you to divide retirement plans without facing the 10% early withdrawal penalty and additional taxes. By following the correct legal steps, you can ensure a fair division of assets while protecting your financial future.⠀
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Don’t risk losing your hard-earned money. DM us ‘Appointment’ to meet with Berni Stevens, PhD, CDFA, for a preliminary conversation and learn how to protect your assets during divorce.⠀
Take Control of Your Future
When you consider divorce, or if you know someone who is contemplating divorce, one of the biggest realities for those in the divorce process is the financial settlement and financial analysis post-divorce. Get the assistance of Berni Stevens, a Mediator, Certified Divorce Financial Analyst® (CDFA®), and divorce coach.
Berni provides step-by-step guidance on matters related to divorce. With a wide range of experience and expertise related to divorce issues, Berni will simplify the process and provide much-needed clarity in areas such as long-term tax consequences, asset, and debt analysis, dividing pension plans, continued health care coverage, stock option elections, protecting support with life insurance, and much more. She can also guide you through building an effective parenting plan, and getting your divorce processed through the court.