“Proposed retirement changes and spousal protection” By: Elizabeth J. McInturff, Esq.

Recently, Elizabeth J. McInturff, Esq., of JDKatz, P.C., wrote a guest column for The Daily Record. In this column, Elizabeth talks about the proposed federal legislation that may change how a married person can use a defined retirement contribution plan. More specifically, she cites H.R.5060 and S.2627 as two bills proposing amendments to the Employment Income Security Act of 1974. Overall, they are aimed at providing better spousal protection by more thoroughly regulating the account holder’s use of their retirement plans, along with even possibly requiring spousal consent. To read the full column, simply click the below picture.