What happens to retirement funds and 401(k) plans in a divorce?

What happens to retirement funds and 401(k) plans in a divorce? Retirement plans and 401(k) plans that are earned during the marriage are marital assets and are subject to division. These can be divided tax-free with appropriate plan documentation. It’s…

What happens to retirement funds and 401(k) plans in a divorce?

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What happens to retirement funds and 401(k) plans in a divorce?

Retirement plans and 401(k) plans that are earned during the marriage are marital assets and are subject to division. These can be divided tax-free with appropriate plan documentation. It’s important to discuss this with your attorney to make sure you have the appropriate language in your settlement agreement or court order to avoid any negative tax consequences.

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