Splitting 401K in Divorce
November 30, 2016When considering separation and divorce in the state of New Jersey, one of the most important factors is thinking about equitable distribution of property. In most cases, property is distributed fairly, but with a consideration towards which spouse contributed more towards a particular asset. Retirement related funds however, such as a 401k plan, are different. Passaic County courts follow the same rule of thumb as other courts in NJ. That is, any money put into the 401k account from the beginning of the […]
