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COBRA allows for coverage for up to 18 months in most cases. If the individual is deemed disabled by the Social Security Administration, coverage may continue for up to 29 months. [d] In the case of divorce from the former employee, the former spouse's coverage may continue for up to 36 months. In the case of death of the former employee, the ...
However, certain qualifying events allow COBRA participants to retain their employer coverage for up to 36 months. These include the death of the covered employee, divorce or legal separation, or ...
A qualified domestic relations order (or QDRO, pronounced "cue-dro" or "qua-dro"), is a judicial order in the United States, entered as part of a property division in a divorce or legal separation that splits a retirement plan or pension plan by recognizing joint marital ownership interests in the plan, specifically the former spouse's interest in that spouse's share of the asset.
That kind of denial is one reason that divorce brings about economic disaster, since planning for that eventuality seems disloyal. Nonetheless, 43% of Divorce Calculator shows odds your marriage ...
Divorce laws have changed a great deal over the last few centuries. [10] Many of the grounds for divorce available in the United States today are rooted in the policies instated by early British rule. [11] Following the American Colonies' independence, each settlement generally determined its own acceptable grounds for divorce. [12]
It recently updated its calculator to reflect the Social Security trustees’ latest projections — including a free version for consumers and a more complex paid version for financial advisors.
Although the emotional impact of separation is similar to that of divorce, [4] some argue that a temporary separation may also occur to enhance the marriage as a tool to stay together. Some experts regard a six-month separation as a good amount of time for a temporary separation, since it is long enough to set up a second household and gain ...
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