Retirement savings built during a marriage are often treated as shared in whole or in part. Defined contribution plans are usually divided by account balance, while pensions may be divided by formula or by present value. Plans commonly require a specific court order or form, and the way the transfer is done affects taxes and penalties.
General information only, not legal, tax or financial advice. Laws vary and change; speak with a licensed professional about your situation.
We use cookies to understand how the site is used and, with your permission, for advertising and session recording. We never use them on signed-in pages. See our Privacy Policy.