New Hampshire Sample Letter to Pension Plan Administrator regarding Division of Plan Proceeds per Court Order

• Category: Letters - Legal - Pension Plan
• State: Multi-State
• Control #: US-0500LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: New Hampshire Sample Letter to Pension Plan Administrator — Division of Plan Proceeds per Court Order Dear [Pension Plan Administrator's Name], I hope this letter finds you well. I am writing to discuss the division of plan proceeds for my pension plan, in accordance with a court order issued by [Name of the Court]. As per the court's ruling, I hereby request your attention and assistance in executing the division of my pension plan in compliance with the terms set forth. Firstly, I would like to provide some background information regarding the court's decision. The court order dated [Date of Court Order], granted by the honorable [Judge's Name], specifies the division of my pension plan between myself, [Your Name], and my former spouse, [Name of Former Spouse], due to the dissolution of our marriage [Specify the divorce date]. In accordance with the court's order, I kindly request your cooperation in dividing the proceeds of my pension plan according to the following terms: 1. Percentage Allocation: The court has determined that [Your Percentage] percent of the pension plan should be awarded to me, while [Former Spouse's Percentage] percent is to be assigned to my former spouse. 2. Calculation of Proceeds: To determine the value of the pension plan and subsequently distribute the assets, we would greatly appreciate your assistance in calculating the present value of the plan. This will aid in determining the specific amount or shares allocated to each party, as outlined in the court order. 3. Qualified Domestic Relations Order (QDR): To facilitate the proper division of the pension plan, we kindly request the preparation and submission of a Qualified Domestic Relations Order (QDR) to the necessary entities, as mandated by the Employee Retirement Income Security Act (ERICA). This critical document outlines the rights and responsibilities of both parties involved in the pension plan division, ensuring compliance with the court's order. 4. Direct Transfer: We further seek your guidance in enabling the direct transfer of the respective shares of the pension plan proceeds to the nominated retirement accounts of both parties involved, avoiding any potential tax or penalty implications. Please provide assistance in guiding us through the necessary steps and documentation required to initiate this transfer. 5. Timeliness: Given the importance of executing the court's order promptly, we kindly request your attention and expedient action in finalizing the division of the plan proceeds. Your timely cooperation in this matter will greatly assist both parties involved in moving forward with their respective financial plans. We understand that your office deals with a considerable number of pension division requests, and we appreciate your dedication in handling this matter efficiently and accurately. If there are any additional documents or information required from our end, kindly notify us, and we will promptly provide the requested materials. Thank you in advance for your understanding, cooperation, and prompt attention to this matter. We look forward to your positive response and a smooth resolution of the division of my pension plan, as per the court order. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP] [Contact Number] [Email Address]

Subject: New Hampshire Sample Letter to Pension Plan Administrator — Division of Plan Proceeds per Court Order Dear [Pension Plan Administrator's Name], I hope this letter finds you well. I am writing to discuss the division of plan proceeds for my pension plan, in accordance with a court order issued by [Name of the Court]. As per the court's ruling, I hereby request your attention and assistance in executing the division of my pension plan in compliance with the terms set forth. Firstly, I would like to provide some background information regarding the court's decision. The court order dated [Date of Court Order], granted by the honorable [Judge's Name], specifies the division of my pension plan between myself, [Your Name], and my former spouse, [Name of Former Spouse], due to the dissolution of our marriage [Specify the divorce date]. In accordance with the court's order, I kindly request your cooperation in dividing the proceeds of my pension plan according to the following terms: 1. Percentage Allocation: The court has determined that [Your Percentage] percent of the pension plan should be awarded to me, while [Former Spouse's Percentage] percent is to be assigned to my former spouse. 2. Calculation of Proceeds: To determine the value of the pension plan and subsequently distribute the assets, we would greatly appreciate your assistance in calculating the present value of the plan. This will aid in determining the specific amount or shares allocated to each party, as outlined in the court order. 3. Qualified Domestic Relations Order (QDR): To facilitate the proper division of the pension plan, we kindly request the preparation and submission of a Qualified Domestic Relations Order (QDR) to the necessary entities, as mandated by the Employee Retirement Income Security Act (ERICA). This critical document outlines the rights and responsibilities of both parties involved in the pension plan division, ensuring compliance with the court's order. 4. Direct Transfer: We further seek your guidance in enabling the direct transfer of the respective shares of the pension plan proceeds to the nominated retirement accounts of both parties involved, avoiding any potential tax or penalty implications. Please provide assistance in guiding us through the necessary steps and documentation required to initiate this transfer. 5. Timeliness: Given the importance of executing the court's order promptly, we kindly request your attention and expedient action in finalizing the division of the plan proceeds. Your timely cooperation in this matter will greatly assist both parties involved in moving forward with their respective financial plans. We understand that your office deals with a considerable number of pension division requests, and we appreciate your dedication in handling this matter efficiently and accurately. If there are any additional documents or information required from our end, kindly notify us, and we will promptly provide the requested materials. Thank you in advance for your understanding, cooperation, and prompt attention to this matter. We look forward to your positive response and a smooth resolution of the division of my pension plan, as per the court order. Yours sincerely, [Your Name] [Your Address] [City, State, ZIP] [Contact Number] [Email Address]