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How To Seduce Your Neighbor

Have you always had a thing for the girl that lives next door? Are you unsure of how to approach her? Are you afraid that your advances will not work? Then you have absolutely come to the right place. One of the most common people to fall for is the girl next door, so if you have fallen for her, you are certainly not alone! Because you see each other every day, and live within a certain proximity of each other, neighbors can become very attractive. One of the draw backs to dating or getting with the girl next door is that many men think that they won't be able to seduce her, therefore making the relationship between them awkward. The truth is however that seducing the girl next door can be extremely easy if you know the tricks of the trade. If you use these tips the right way, you will have a lover who lives conveniently right next door, ready for you whenever you want.

How To Seduce Your Neighbor ( You Have To Read This )

Fair Division of Retirement Benefits in a Divorce

By Howard Phillips


In order to fairly divide retirement plan benefits/accounts that have been accumulated during a marriage, a divorcing couple and their advisors must learn the two varieties of retirement plans:

1. Defined contribution plans offer individual accounts for the participants, or...

2. Defined benefit plans create retirement benefits for the participants (sometimes shown as individual accounts in defined benefit plans, also known as cash balance plans).



In this article, I'll focus on the major issue which faces a fair division of retirement benefits accrued in a non-cash balance defined benefit plan. Benefits payable from a defined benefit plan are calculated via a formula. That specific formula, typically, will merge the participant's compensation, the participant's plan service credits, a rate of benefit credit per year of service credit, and the age at which the benefit is expected to begin.

For example, the plan formula for benefit calculation might be 1.5% of final average pay (the average of the highest 5 years in the last ten years of service) times the number of years of service credits, payable monthly from age 65. So, a participant with 20 years of service at 65 will have earned a monthly retirement benefit equal to 30% of final average annual pay divided by 12.

Therefore, the issue to be deliberated is:

Do we apportion the retirement benefit earned as of the date of the complaint, or do we divide the retirement benefit earned (or projected to be earned) at 65, prorated for the relationship between the years of service credits during the marriage and the years of service credits earned (or projected to be earned) at 65?

It's not unusual to find that benefit projections properly prorated will result in a larger share for the non-participant spouse.

For example,

- Retirement Benefit earned at date of complaint = $1,000 per month
- Retirement Benefit projected at 65 = $3,000 per month
- Years of service credits earned during the marriage = 10
- Years of service credits projected at 65 = 20
- Retirement benefit to be divided (non-projected) = $1,000 per month
- Retirement Benefit to be divided (projected) = $1,500 per month

($3,000 times 10/20)

When a marital estate involves one or more retirement plans, the issues needing discussion are manifold. With proper guidance, each deliberation will result in a fair apportioning of retirement plan benefits.




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