What is a QDRO?How Are Retirement Accounts Handled in a Divorce?

Chris HobsonFamily Law

If you are facing a divorce, you’re likely concerned about how your “assets” or simply, the things that you and your spouse own together, will be divided. Georgia is what is called an “equitable distribution state” which means that all marital property obtained during the marriage will be split between the divorcing spouses. There is also Non-Marital property, which refers to the money or other assets that each spouse had before the marriage.

One of the most valuable assets to be divided in a divorce is the 401(k), IRA, or other retirement accounts, so it’s very important to closely examine how money in a retirement account will be divided.

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