What happens if you married somebody in the military? Generally, as determined by law, you also adopt their pension and other benefits, which become part of the marriage. Nobody who gets married believes that their relationship will ever end in divorce; however, when it does, you and your spouse may wonder about what happens to… Continue reading →
Posts Tagged ‘pension plan’
Splitting a 401(k) in a divorce
The divorce rate for Americans over 50 is at a record high. Employer-sponsored retirement plans comprise a large portion of the wealth of this age group. Because California is a community property state, the division of marital property must be done fairly between both spouses. It is important to understand the rules that govern the… Continue reading →
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