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Posted

I've been waiting for going on five years for, according to my ex, a signature from her former employer, who had her initial 403(b) plan from which the money is coming from.

I'm curious if I will be receiving the full earnings (or losses) since the Division Date (November 2021), regardless of this continuing delay.

The order states that:

"from the division date to the date the alternate payee's account is established, the amount assigned to the alternate payee will include earnings and losses." 

This "alternate payee's account is established," is this referring to the separate sub-account that was supposed to have been made in my name by the Plan Administrator to divide the funds from her account?  (And confirming that earnings and losses continue in this sub-account.)

I want to confirm that this "alternate payee's account" is NOT referencing the date that I created the account (in Vanguard) that I am having the amount land in.  (and therefore earnings & losses would cease on that date per the order).  

Thank you VERY much for any insight!

Posted

Please explain the Vanguard account. Is it an IRA that will receive a rollover of the distribution from the plan of the alternate payee account balance after the plan establishes and funds the alternate payee account?

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