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401(k)

What Happens to Your 401(k) Retirement Plan During Divorce?

What Happens to Your 401(k) Retirement Plan During Divorce?

While a divorce is generally very taxing emotionally, it also has very serious financial ramifications. One concern you may have already is how your 401(k) Retirement Plan will be treated in a divorce. Similar to your home, it can be an essential asset of the community estate with significant value. You will need to propose how to handle the nonparticipant spouse’s interest when negotiating how to spilt your community property.