Marital Property – Retirement Accounts

Retirement accounts such as pensions, tax-deferred savings (401Ks, 403Bs, and IRAs), and tax-deferred annuities can also be divided to achieve the required equitable division of marital assets. Through the use of Qualified Domestic Relations Orders (QDROs) and letters of instructions, such accounts can be allocated between a divorcing couple without the income tax liability normally associated with an early withdrawal from a retirement account.