Among the myriad of potential issues to contend with in a divorce is the splitting of qualified retirement accounts between you and your ex – a transaction that the author of today’s article cautions, if done without the proper due diligence, can result in a very expensive tax trap: “You can divide up tax-favored retirement account money the tax-smart way or the tax-dumb way.” What does he outline as the tax-smart way to divide up qualified retirement accounts? CLICK HERE to find out.
