Troyan, A Legendary Actuarial Consulting Firm, For Pension Evaluations.

Court Admissible Reports Per Your Jurisdiction at an affordable cost.

We specialize in retirement plan analysis for divorce & economic loss matters

court admitted pension experts, available to testify nationwide.

Pension evaluations prepared for lawyers, mediators, & non-attorney litigants.

We guarantee your qdro gets approved!

headquarters of troyan, inc. Home of accucalc & accuqdro software

Pension Evaluation Lawyer Services Downloads Fee Schedule Pay Online Online Order Form
Pension Evaluation
Basic Pension Principles
Cases
Community Property
Dividing Marital or Community Property
Divorce & Retirement FAQs
Equitable Distribution
Experience with Your Plan
Pension Evaluation Issues
Pensions
Retirement Terms
Social Security Offsets
State Pension Evaluation Alerts
State Pension Evaluation Classification
State Specific Information
State Retirement Plans and Divorce Information
State Listing of Statuses Disallowing Personal Identities In QDROs
State Analysis of IRA Exemptions
Collection Laws and Exemptions by State
Tax Treatment in Pension Evaluation
Distribution from Qualified Plans
Webutation
Click here to learn more about pension evaluations
Get a pension evaluation in less than 1 week Click here to read and print our company forms

Do I Need To Have My 401(k), Savings & Investement Or Other "Cash Type" Plan Evaluated For My Divorce?

Steve J., of Warren, New Jersey asks: "Do I need to get my 401(k) or Savings & Investment Plan evaluated for my divorce?"

Spencer Olsen, from the QDRO Department of Pension Evaluators® at Troyan, Inc.® replies: "Defined Contribution (cash type) Plans consist of any type of tax deferred plan which has individual accounts for participants/employees. Contributions into the account may come from the employer and/or employee. Investment risk is borne by the employee. The common types of defined contribution plans are profit-sharing, 401(k), thrift/savings, Keogh and Target plans. The value of these plans is based upon the current value of invested assets at any given point in time.

Establishing the value of a defined contribution plan is easy, if the account balance has been accumulated entirely during the marriage, the parties may use the balance for the appropriate date and decide how it is to be divided. Our service becomes necessary when there is a balance in the account prior or subsequent to the marriage.

We utilize three Court-Acceptable Methodologies to Evaluation Defined Contribution (cash type) Plans:

  • Coverture Fraction Isolation Method - is based on time sensitive calculations which are applied to the account balance as of the End of Marriage Date, creating the coverture fraction to that balance. The result is the value of the account for Marital / Community Property. Required is account balance as of the end of marriage date.
  • Subtraction Method- subtracts the pre-marital amount from the amount on or about the End of Marriage Date. The account balance as of the End of Marriage Date is then subtracted from the account balance as of the Date of Marriage. The difference in the account balances is the value of the account for Marital/Community Property. Required is the account balances as of the date of marriage and as of the end of marriage date.
  • Tracing/Segregation Method - The account balance on the Date of Marriage, plus the gain/loss investment experience attributable to this sum is subtracted from the account balance on the End of Marriage Date. The difference is the value of the account for Marital / Community Property. Required are the statements with Investment experience from the Date of Marriage to the End of Marriage Date.

A Pension Evaluation provides the lump sum present value of pension benefits earned during a marriage (for divorce purposes) or during an entire career (for retirement planning purposes).

The lump sum present value provided by a Pension Evaluation is determined by a number of actuarial assumptions, including mortality rates (life expectancy), interest rates, retirement ages and probability of plan insolvency."

Spencer Olsen

Lead QDRO consultant

DISCLAIMER: Any legal information on this blog has been prepared by Troyan from informational purposes only and should not be construed as legal advice. The material posted on this website is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Note that sending an e-mail to Troyan does not create an attorney-client relationship, and none will be formed unless there is an agreement between the firm and the individual.

Comments

No Comments Posted
Visitor Security About Us Resources Contact Us
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.