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

• Category: Letters - Legal - Pension Plan
• State: Multi-State
• County: Bronx
• 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. [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Contact Number] [Date] [Plan Administrator's Name] [Company Name] [Address] [City, State, Zip Code] Subject: Division of Plan Proceeds per Court Order — [Participant's Name— - [Pension Plan Name] Dear [Plan Administrator's Name], I hope this letter finds you in good health and high spirits. I am writing to you as the representative of [Participant's Name] to formally request the division of plan proceeds in accordance with a court order pertaining to their pension plan. I kindly request your assistance in ensuring the proper distribution of funds. As per the court order issued on [Court Order Date], [Participant's Name] and their ex-spouse, [Ex-Spouse's Name], were granted a divorce decree that decrees a division of pension plan proceeds. The court order specifies that [Participant's Name] is entitled to [percentage]% of the total pension plan value, as of the date of divorce. The relevant details regarding the plan are as follows: 1. Pension Plan Name: [Plan Name] 2. Participant's Name: [Participant's Name] 3. Participant's Social Security Number: [Participant's Social Security Number] 4. Ex-Spouse's Name: [Ex-Spouse's Name] 5. Ex-Spouse's Social Security Number: [Ex-Spouse's Social Security Number] According to the court order, the division of plan proceeds shall be based on the shared interest acquired during the marriage. We understand that depending on the specific terms and provisions of the pension plan, the division may vary. Therefore, we kindly request your guidance regarding any specific documentation or forms required to ensure a smooth division of the plan proceeds. In order to initiate the division process as mandated by the court, we kindly request the following actions: 1. Provide detailed information regarding the current value of the pension plan as of the date of divorce, including any interest, investments, or growth the plan has accrued. 2. Clarify the applicable procedures to effectuate the division of the pension plan proceeds, considering any special requirements or forms that need to be completed. 3. Specify the necessary documents, such as a Qualified Domestic Relations Order (QDR), that need to be submitted along with this request. 4. Provide an estimate of the timeline required to complete the division process in accordance with the court order. We understand the complexity of these matters and the importance of adhering to legal obligations. Therefore, I request your prompt attention to this matter. If there are any further details or documentation required, please do not hesitate to contact me at [Contact Number] or via email at [Email Address]. We greatly appreciate your assistance in facilitating the division of the plan proceeds per the court order and ensuring the proper distribution of funds to the deserving parties. Thank you for your attention to this matter. We look forward to your prompt response. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Contact Number] [Date] [Plan Administrator's Name] [Company Name] [Address] [City, State, Zip Code] Subject: Division of Plan Proceeds per Court Order — [Participant's Name— - [Pension Plan Name] Dear [Plan Administrator's Name], I hope this letter finds you in good health and high spirits. I am writing to you as the representative of [Participant's Name] to formally request the division of plan proceeds in accordance with a court order pertaining to their pension plan. I kindly request your assistance in ensuring the proper distribution of funds. As per the court order issued on [Court Order Date], [Participant's Name] and their ex-spouse, [Ex-Spouse's Name], were granted a divorce decree that decrees a division of pension plan proceeds. The court order specifies that [Participant's Name] is entitled to [percentage]% of the total pension plan value, as of the date of divorce. The relevant details regarding the plan are as follows: 1. Pension Plan Name: [Plan Name] 2. Participant's Name: [Participant's Name] 3. Participant's Social Security Number: [Participant's Social Security Number] 4. Ex-Spouse's Name: [Ex-Spouse's Name] 5. Ex-Spouse's Social Security Number: [Ex-Spouse's Social Security Number] According to the court order, the division of plan proceeds shall be based on the shared interest acquired during the marriage. We understand that depending on the specific terms and provisions of the pension plan, the division may vary. Therefore, we kindly request your guidance regarding any specific documentation or forms required to ensure a smooth division of the plan proceeds. In order to initiate the division process as mandated by the court, we kindly request the following actions: 1. Provide detailed information regarding the current value of the pension plan as of the date of divorce, including any interest, investments, or growth the plan has accrued. 2. Clarify the applicable procedures to effectuate the division of the pension plan proceeds, considering any special requirements or forms that need to be completed. 3. Specify the necessary documents, such as a Qualified Domestic Relations Order (QDR), that need to be submitted along with this request. 4. Provide an estimate of the timeline required to complete the division process in accordance with the court order. We understand the complexity of these matters and the importance of adhering to legal obligations. Therefore, I request your prompt attention to this matter. If there are any further details or documentation required, please do not hesitate to contact me at [Contact Number] or via email at [Email Address]. We greatly appreciate your assistance in facilitating the division of the plan proceeds per the court order and ensuring the proper distribution of funds to the deserving parties. Thank you for your attention to this matter. We look forward to your prompt response. Sincerely, [Your Name]