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The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
Prior to the enactment of DOMA, the GAO identified 1,049 federal statutory provisions [2] in which benefits, rights, and privileges are contingent on marital status or in which marital status is a factor. An update was published in 2004 by the GAO covering the period between September 21, 1996 (when DOMA was signed into law), and December 31, 2003.
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.
If you get married or divorced later in life, maximizing your spousal or divorce benefits could help you enjoy a more financially secure retirement. The $ 22,924 Social Security bonus most ...
For seniors who have been through a divorce, it's important to know the rules regarding Social Security benefits. Although married couples are entitled to spousal benefits, those benefits don't ...
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The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.
Applying for and receiving spousal benefits is a great way to boost your own Social Security monthly benefit -- sometimes by as much as $800. Even if you never worked, you're eligible for Social...