How are Retirement Assets Divided in Divorce?

How are Retirement Assets Divided in Divorce?

One of the most important aspects of divorce is determining how finances will be divided, particularly retirement assets. This can be an incredibly drawn-out process, as both parties are fighting to protect the assets they believe rightfully belong to them. Retirement assets are often the most valuable assets of a divorce, as they can be worth more than even your most expensive property or asset. Therefore, it is essential you enlist in the help of a Manchester divorce attorney who will ensure your assets are protected.

Retirement assets are divided separately from divorce proceedings, in that they are generally divided 50/50 between spouses. However, if both parties agree to something different, any other agreement will be accepted. All of this is outlined in a Qualified Domestic Relations Order, also known as a QRDO, and it is not filed until a divorce takes place. If you are unhappy with a 50/50 division, and your spouse refuses to agree to anything otherwise, our team at Sekella Law, PLLC, can fight for you and your rights.

The following are the most common kinds of retirement benefits:

  • 401k and 403b
  • Thrifty savings plans
  • Profit-sharing plans
  • Employee stock ownership plans
  • Tax sheltered annuities

Contact Our Manchester Divorce Attorneys Today

Our Manchester divorce attorneys of Sekella Law, PLLC, believe in doing all we can to defend you and your assets to the best of our ability. No matter how complicated or challenging your divorce may be, we will apply our experience and education to deliver the most beneficial results possible. Our legal team is results-driven in nature and aggressive in our approach--don't face your divorce alone.

Contact us at your earliest convenience by calling us at (603) 686-7229.

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