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Showing results for tags 'qpsa'.
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I have been divorced for a little over a year now. we split all asets, including 401K, and retirement. A month ago I called Fidelity to find out my retirement numbers ( which is going to be in about 7 years. I happened to see that it has my ex wifes name a spouse. I called Fildelity to find out why her name was on my retirement account. I ended up talking to thier legal dept. We both had seperate lawyers, My attorney ask me was it ok if the ex spouse attorney did our QDRO. Understand I didn't even know what a QDRO was/is.... It all sounded cut and dry 50%/50% split She recieved her share of my 401K which was fine. But I come to find out her attorney added the QPSA and The QSAP which I still don't totally understand. The company I work for is fully funded which I would have be able to take A lump sum when I reture. with the QPSA and the QSAP I have to take a 50% annuity when I retire, not to mention if I die before retiremennt she recieves my pension, Crazy...... She was already issued her share of my pension, why would I owe her anything when I retire. CAN I HAVE THIS AMENDED??? My whole future retirement plans are surrounded by my lump sume. As well as my two children being my beneficary when I die. I have no idea why my attorey would tell me she looked at the QDRO and said it looks good to her, so I signed it, is it to late. Please help. I am seeing another Attorney this week Thanks
