When contemplating issues regarding the end of a marriage don’t overlook retirement in your Louisville divorce. Retirement accounts and pensions are often one of the largest assets involved in the process of a divorce. The division of retirement accounts is often completely overlooked, especially by those who attempt to work through a divorce on their...
How Will a Divorce Impact Your Retirement Plan(s)?
How will a divorce impact your retirement plan(s)? How are retirement plans such as a 401(k), Kentucky Teachers Retirement System (TRS), Kentucky Public Pensions (public employees), a pension and even Social Security handled in a divorce? It is interesting to note that many people don’t think about their retirement plans when considering a divorce. However,...
How Much of My Retirement Will I Lose in My Louisville Divorce
We are often asked “how much of my retirement will I lose in my Louisville divorce?” There are multiple forms of retirement assets which must be addressed during the process of a Louisville divorce. Retirement assets can be as straight forward as a 401(k) through work, or sophisticated retirement and pension systems such as the...
FERS and CERS in a Louisville Divorce
Are you searching for information regarding FERS and CERS in a Louisville divorce? Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CERS) 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...