Division of Retirement Benefits
Understanding How Retirement Benefits Are Divided In A Pennsylvania Divorce
Pennsylvania is an equitable distribution state, which means that all marital property — including retirement benefits of all types — is equitably divided as long as they were acquired during the marriage. This includes stock options, pensions, 401(k), 403(b), IRA, restricted stock or other assets.
When it comes to dividing any type of retirement benefit, both parties face serious financial risks, regardless if the retirement benefits are in your name or your spouse’s name.
But there are different options available.
Obtaining the assistance of an experienced divorce attorney who has a thorough knowledge of handling such matters, one who can protect your best interests is vital.
Utilizing Our Expertise To Protect Your Interest
Trading other marital assets to keep your benefits intact, calling into question the party’s financial needs, challenging the other party’s contributions to the marriage, or using benefits to offset child support obligations are all strategies we often use.
The factors that affect equitable distribution in Pennsylvania are numerous. Which one is right for you will depend on your circumstance.
Our legal team at Gardner Law Office is equipped at developing a strategy that will protect your interests regarding retirement benefits in your divorce.
We often enlist the assistance of specialists such as CPAs, financial planners and retirement fund experts.
Contact Our Legal Team
If you are going through a divorce and have questions about the fate of your retirement benefits or your spouse’s, call us at 610-866-9529 to discuss your particular situation. We can talk with you about your goals and explain options available to help.