HOME Income Withholding - When an employer deducts a child support payment directly from an employee's paycheck to satisfy the employee's court-ordered child support obligation. Individual Benefit Statement – An individual benefit statement provides information about a participant’s retirement benefits, such as the total plan benefits earned and vested benefits, on a periodic basis. Additional information may be included depending upon the type of plan, such as how a 401(k) plan account is invested. Individual Retirement Account (IRA) – An individual account set up with a financial institution, such as a bank or a mutual fund company. Under Federal law, individuals may set aside personal savings up to a certain amount, and the investments grow, tax deferred. In addition, defined contribution plan participants can transfer money from an employer retirement plan to an IRA when leaving an employer. IRAs also can be part of an employer plan. Interest-Based Bargaining – A method of negotiation used in mediation. It starts with each party educating the other party about their interests. Ideally, the parties will work together until they find solutions that allow both parties to meet their needs. Interrogatories – A series of written questions served upon the opposing party in order to discover certain facts regarding the disputed issues in a matrimonial proceeding. Back to Glossary return to top of page < HOME Contact a LA Divorce Attorneys at Law Offices of Warren R. Shiell today! Please call to make an appointment at 310.247.9913. © 2009 Warren R. Shiell. All rights reserved. LA Divorce Attorneys and Family Law Attorney. The information contained in this website is an "Advertisement." It is for informational purposes only and shall not constitute legal advice. Nothing in this Website shall be deemed to create an Attorney-Client relationship. An Attorney-Client relationship shall only be created when this office agrees to represent a Client and a Client signs a written retainer agreement. |
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