Please explain?

[Just lost]

What is the name of your state? PA
Could someone please explain what these mean?
#1. If the plan has more than one account component than the various account components should be distributed to the Parties to this Order in as close as possible to a pro-rata distibution from each component. "mostly the pro-rata part'
#2. It is further ordered that a true copy of this order be served upon the agent for legal service for the Retirement Plan Inc., and shall take effect immediately and shall remain in effect until further Order of Court. Until this Order is accepted by the Plan Administrators this Court shall retain jurisdiction to modify the same.
thank you
just lost

 

[annefan]

What is the name of your state? PA
Could someone please explain what these mean?
#1. If the plan has more than one account component than the various account components should be distributed to the Parties to this Order in as close as possible to a pro-rata distibution from each component. "mostly the pro-rata part'
#2. It is further ordered that a true copy of this order be served upon the agent for legal service for the Retirement Plan Inc., and shall take effect immediately and shall remain in effect until further Order of Court. Until this Order is accepted by the Plan Administrators this Court shall retain jurisdiction to modify the same.
thank you
just lost

#1 - an actuary can explain how pro-rating is done to distribute account monies from IRAs, pensions, etc.

#2 - submit a court copy of the Order to the attorney or whomever you obtain to do the actuary work

 

[Just lost]

Acutary??

What does acutary mean?
just lost

 

[annefan]

Re: Acutary??

What does acutary mean?
just lost

An actuary is a type of accountant who specializes in breaking down numbers for distribution of money from IRAs, pensions, 401k and other assets (which are complicated).