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What happens to retirement funds and 401k plans in a divorce?

Retirement funds and 401K plans are just another one of your assets that you have that are going to be divided as part of the divorce. Now, if you have the same amount of assets in your retirement, if you have the same amount of money- Let’s say you have $50,000 in your retirement and your spouse has $50,000 in their retirement, it could be that you each keep your own retirements. If only one party has all of the assets in their retirement account, then you’re going to have a situation where the other party’s going to get a portion of those funds.

All Family Law Group, P.A.
The law firm of All Family Law Group (Lynette Silon-Laguna, P.A.) provides legal services to the cities of Tampa, Clearwater, Brandon, Riverview, Lakeland, Valrico, Gibsonton, Lithia, Mango, Palm River, Plant City, Seffner, Sun City Center, Apollo Beach, Ruskin, Temple Terrace, Carrollwood, Thonotosassa, Lutz, FishHawk, MacDill Air Force Base, and all of Hillsborough, Pinellas & Polk Counties.

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