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| | October 26, 2016

Virginia Estate Planning Attorney Comments on Division of Retirement Accounts For Divorcing Couples

Fairfax, VA (Law Firm Newswire) October 26, 2016 – Couples approaching retirement age and contemplating divorce, may confront problems regarding ways in which to divide their retirement accounts. The divorce rate is skyrocketing for baby boomers. According to a report…

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| May 23, 2016

Retirement Planning Attorney Andrew H. Hook Discusses Retirement Planning When A 401(k) Is Capped

Virginia Beach, VA (Law Firm Newswire) May 23, 2016 – It can be challenging to find tax-advantaged ways to save for retirement when an individual is highly compensated. Under the general rule, workers can save $18,000 annually in pre-tax income…

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| April 5, 2016

IRA Beneficiaries Must Be Properly Designated, Says Estate Planning Attorney Andrew H. Hook

Virginia Beach, VA (Law Firm Newswire) April 5, 2016 – A significant part of an estate plan can be the designation of a person’s IRA beneficiary. If an IRA account owner does not name a beneficiary, their heirs could be…

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| March 31, 2016

If a Pension Is Part of a Retirement Plan, Consider an Annuity or Lump Sum, Says Andrew H. Hook, Virginia Retirement Planning Attorney

Virginia Beach, VA (Law Firm Newswire) March 31, 2016 – Some retirees and former employees have received offers from their employers to accept a lump-sum payment of their pension. This is an offer that they must consider very carefully because…

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| November 6, 2015

Inheritance Guidelines: When a Younger Spouse Inherits an IRA

Virginia Beach, VA (Law Firm Newswire) November 6, 2015 – When a younger spouse inherits an IRA, it may be in the best interest of the spouse to continue being a beneficiary of the IRA. A beneficiary is not required…

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| | September 29, 2015

What to Do with Your 401(k) When You Change Jobs

Virginia Beach, VA (Law Firm Newswire) September 29, 2015 – A job change can be an opportunity to improve the state of one’s 401(k) plan, but it is important to avoid unnecessary fees and taxes during this process. With careful…

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