Tag Archives: Divorce and the 401K

How Is a Divorce and the 401K Handled?

July 12, 2016DivorceDivorce and the 401Kamediate523

In Boca Raton, retirement plans are typically considered marital property. This includes pension accounts, annuities, Keoghs, IRAS, 401k plans and other deferred compensation plans. As such, these plans and benefits are subject to equitable distribution even though they are in one spouse’s name. With a divorce and the 401k, you must take into consideration this form of distribution. The value of the 401k is based on the portion of the fund that has accrued during the marriage and until the valuation date. To determine the value of the 401k in divorce, the party must compare the current value of the account from the...Read More

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