Senators Call for GAO Review of Spousal Protections in DC Plans
A bipartisan pair of U.S. senators are calling on the oversight agency to examine the need for stronger spousal protections in defined contribution retirement plans.
A bipartisan pair of U.S. senators are calling on the oversight agency to examine the need for stronger spousal protections in defined contribution retirement plans.
Older couples and women, in particular, are often put at a retirement disadvantage when faced with a divorce, a GAO report finds.
Women's household income and assets, on average, fell by 41% with divorce.
An appellate court found a divorce decree met all the requirements of a QDRO under ERISA.