Ex-Spouse’s Retirement Plans
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Think you’re entitled to part of your ex-spouse’s retirement plans? You could be wrong! Watch this video & contact our divorce lawyers in Jersey City.
Question:
Am I Entitled to Part of My Spouse’s Retirement Plan?Answer:
Divorcing parties will often ask questions about their retirement benefits: 401(k)s, IRAs, pensions. Generally speaking, absent a prenuptial agreement, those pension plans will be split based on their growth in value from the date of the marriage until the date the complaint is filed. While that value would be considered the marital portion of those retirement plans, any funds that were already in those plans prior to the date of the parties’ marriage would not be subject to equitable distribution.
Are you considering a divorce and have questions? Contact our experienced New Jersey Divorce lawyers today for a free consultation and case evaluation.
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