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I am not an employee, but am in the plan because of a divorce settlement (a QDRO — a qualified domestic relations order). Can I use GuidedSavings?

April 26, 2017divorce domestic employee guidedsavings Plan QDRO qualified

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I am not an employee, but am in the plan because of a divorce settlement (a QDRO — a qualified domestic relations order). Can I use GuidedSavings?

1 Answer

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A. Yes, if you are a participant and have money in the Plan, you may still use GuidedSavings. GuidedSavings can recommend and implement an investment change, but because you are not paid through this Plan’s employer, we cannot implement the savings rate from your pay.