Guest Gary413 Posted December 16, 2005 Posted December 16, 2005 My stipulation settlement of divorce makes no mention of me paying any interest to my ex wife on her share of my ira and 403b plan, I wanted to give her share 3 years ago, but she insisted we need a qdro, I told her all she had to do is open and Ira with my broker and I could transfer her share to that account, how she and her lawyer want to do just that and want me pay high interest on the money they wouldn't take, higher than it earn, by not taking the she share of the money she left me with all the risks of keep the money. My question is do I have to pay her anything more than what is mention in the stipulation?
QDROphile Posted December 16, 2005 Posted December 16, 2005 Everything depends on the interpretation of the terms of the order/stipulation. The question cannot be answered in the abstract. For the 403(b) arrangements, you will probably need more than what you have in order to transfer an interest to your former spouse but the terms of the order/stipulation could satisfy the requirements.
Guest Gary413 Posted December 16, 2005 Posted December 16, 2005 Everything depends on the interpretation of the terms of the order/stipulation. The question cannot be answered in the abstract.For the 403(b) arrangements, you will probably need more than what you have in order to transfer an interest to your former spouse but the terms of the order/stipulation could satisfy the requirements. we plan to take the all of her share out of a large ira and leave the 403b intack
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