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One issue that couples often contend with during the divorce process centers on financial support. Both parties can work together to reach an agreement on alimony or spousal support or in cases of ...
It's official: The new cost-of-living adjustment (COLA) for 2025 is here. The Social Security Administration recently announced that beneficiaries will be receiving a 2.5% raise starting in ...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
Image source: Getty Images. Currently married spouses. Currently married spouses have to meet the following criteria to claim a spousal Social Security benefit:. The worker must qualify for Social ...
The determination of alimony varies greatly from state to state within the U.S. [40] Some state statutes, including those of Texas, Montana, Kansas, Utah, Kentucky and Maine, give explicit guidelines to judges on the amount and/or duration of alimony. In Texas, Mississippi and Tennessee, for example, alimony is awarded only in cases of marriage ...
In Texas non-custodial parents behind more than three months in child-support payments can have court-ordered payments deducted from their wages, can have federal income tax refund checks, lottery winnings, or other money that may be due from state or federal sources intercepted by child support enforcement agencies, can have licenses ...
When a worker files for Social Security benefits, their spouse may also qualify for benefits even if they never worked. The Social Security spousal benefit is paid out monthly to the spouse, age ...
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.
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