Category: Divorce

How to Divide a 401k in Divorce

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Published: June 16, 2013

Money is often a key consideration during your divorce process. How you address your finances during divorce has consequences which last a lifetime. One of the most common decisions during divorce is the division of your (and/or your spouse’s) 401k. The process sounds easy enough, but there are some key rules to follow. Best practices should be considered before simply dividing your retirement accounts in half. Should We Divide the 401k In Half in Our Divorce? Dividing assets in half does not mean that ALL accounts are divided down the middle. This may sound obvious to the person who is not caught