It is likely that you will hear the term “QDRO” discussed at some point in your divorce case. This article provides background information on what a QDRO is in divorce.
Why Is My Spouse Entitled To Any Of My Retirement In A Texas Divorce?
You worked hard at your job. You saved money from the day you started. Lucky for your – your company had a 401(k) or pension plan match program so that 4% you stashed away for retirement was really 8%. You were responsibly planning for retirement and felt like you were well on your way to […]
Can I Divide My Retirement Account In A Divorce Without Paying Taxes?
Yes, you can divide your retirement account in a divorce without paying taxes if you structure the transaction properly at the time of division regardless of the type of account. The process for a tax free division in a divorce depends on the type of retirement account that you are dividing. But first, let’s discuss […]
Are Texas Teacher’s Retirement System Benefits Subject To Division In Divorce?
The Teacher Retirement System of Texas (“TRS”) provides retirement benefits for teacher’s across the State of Texas. It is one of the State’s largest benefit programs. But are those retirement benefits subject to division in a divorce? The answer is, yes, a court can divide these benefits in divorce to the extent that they are […]