Cordell & Cordell Executive / Managing Partner, CEO Scott Trout and Indianapolis divorce attorney Brandon Elkins-Barkley provide an overview of defined contribution accounts and how they are broken down into divorces.
Defined contribution plans are a kind of retirement savings account for the individual participant, which gives them preferential tax status. Mr. Trout and Mr. Elkins-Barkley review the intricacies of these accounts, their tax implications, which plans qualify as defined contribution plans, how these accounts are broken down into divorces, and more.
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Shawn Garrison is an online editor for Lexicon and focuses on topics related to the legal services of clients Cordell & Cordell and Cordell & Cordell UK. He has written countless articles addressing the unique custody and divorce problems of men and fathers. Through his work on CordellCordell.com, CordellCordell.co.uk and DadsDivorce.com, Mr. Garrison has become an authority on the complexities of the legal experience and has been the content creator for the YouTube series “Dad’s Divorce Live” and other videos on the YouTube channels Dad’s Divorce and Cordell & Cordell. Mr. Garrison has managed these clients’ websites and promoted the creation of several of their roles, including the Cordell & Cordell lawyer and office pages, Dad’s divorce newsletter, and the Cordell & Cordell newsletter.
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