How will a Louisville divorce affect pension and retirement accounts? What do you need to know about these often large assets as you consider and work through a divorce? Key Takeaways Regarding the Question of "How will a Louisville divorce affect pension and retirement accounts?" Any asset, including a pension or retirement plan to which...
Division of Retirement and Pensions in a Louisville Divorce
How will the division of retirement and pensions in a Louisville divorce be accomplished? Why is the division of retirement accounts, pension plans, 401(k) accounts, IRAs, Roth IRAs, SEP-IRAs, family owned business and privately funded plans, state employee and teacher’s retirement systems so contentious in a Louisville divorce? Retirement accounts and pensions are quite often...
CSRS and FERS in a Louisville Divorce
Are you searching for information regarding CSRS and FERS in a Louisville divorce? Civil Service Retirement System (CERS) and the Federal Employees Retirement System (FERS) coverage applies to more than 3% of the workforce here in Kentucky and across the nation. Most retirement plans fall under the Employee Retirement Income Security Act of 1974, more...
Is TRS Retirement for Kentucky Teachers Marital Property in a Divorce?
Is TRS retirement for Kentucky teachers considered to be marital property in a Louisville or Jefferson County divorce? How will a TRS Kentucky teacher’s retirement account be handled in your divorce? We are often asked about the disposition of a teacher’s retirement account at TRS Kentucky . The Teacher’s Retirement System in Kentucky was established in 1938 to...