How 401k’s Are Affected During Divorce and How to Protect Your Nest Egg A 401k (or other similar retirement vehicle like an IRA, pension, or annuity), is among the most valuable and complicated marital property in divorce. Due to its status as a retirement asset, many divorcing couples initially overlook […]
How Will Divorce Affect 401k Retirement Accounts? Read More »
Retirement Plan Division After Divorce When considering divorce, one of the first considerations most people have after the discussion of custody of the party’s children is their personal financial status. An important issue that comes up is the division of retirement benefits or a 401(k) in divorce. Property division in
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It is possible for you to lose a portion of your pension in divorce, but with the right family law help and advice, you can limit how much your spouse will get. If you were married when contributions started, the pension is considered marital property. Because of this, both spouses
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