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Jan 29, 2020

Although the aggregate divorce rate among Americans has fallen in recent decades, there has been a somewhat dramatic increase in the number of divorces for couples over the age of 50, according to the Financial Planning Association.   This rise of so-called grey divorces has created a number of uncommon and complex issues for those getting divorced.  Some divorces are simple, but others are complicated. Dividing ordinary bank accounts is not so hard, but how does a couple go about splitting a pension, a 401k, 403b, or other tax qualified plan under the ever-watchful eye of the IRS? Answer: very carefully!  Today, we'll review what the steps are for you or someone you may know, and then health insurance and medicare expert Shelley Grandidge joins us to help just about everybody!  A really interesting show you don't want to miss  MASTERING MONEY IS ON THE AIR!!