A Cautionary Tale
A colleague was working with a client who had quite a unique situation. The settlement agreement had Husband (H) paying an amount to Wife (W) to equalize the asset division. The CDFA® suggested a QDRO to transfer from H’s 401k to W’s 401k and then she would have been able to do a Roth conversion with little or no tax due, since she was already in a negative tax liability situation. (caused … Read More