I posted this basic concept yesterday in my blog and on Facebook in the NJ family Law Attorneys group. I assume you read it.
Robert E. Goldstein, Esq.
Drescher & Cheslow, P.A.
610 Bridge Plaza Drive
Manalapan, NJ 07726
(732) 972-1600
Fax (732) 972-0038
E-mail: [email protected]
Visit my personal website: www.mydivorcelawyernj.com
Member, Middlesex County Bar Association, Monmouth Bar Association, New Jersey Association for Justice and New Jersey State Bar Association
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Original Message------
Parties file a QDRO every six months transferring a certain amount from Husband's (deposited pre-tax) 401k to Wife's 401k (assume no need to pay to re-do the QDRO every 6 months, just using template from last transfer).
Wife withdraws the funds, paying taxes at her rate. Parties are over 59 1/2, so no 10% penalty.
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