Delaware, Chester and Montgomery County Divorce Settlement Lawyer
When considering assets to divide in a divorce, the house, vehicles and money quickly come to mind. However, retirement funds and assets earned during a marriage are also marital property. While retirement may still be in the distant future, it is important to account for all marital property in your divorce.
At The Law Offices of Marguerite Nealon, we understand the value of your and your family's future. As an experienced Pennsylvania family law attorney, Marguerite Nealon provides personal attention to each and every client. She will listen to your concerns, answer your questions and advise you on a solution to your divorce issues that meets your needs.
Your future is important to us. Contact our family law firm to schedule a consultation.
Dividing Retirement Assets in Your Divorce
Any retirement assets obtained or retirement funds gained during your marriage are marital property. This means that amount will be equitably distributed during your divorce. We help clients understand how the equitable distribution will affect their retirement funds, including:
- Pensions
- Annuities
- 401(k)s
- Individual retirement accounts (IRAs)
- TIAA-CREF academic/teaching pensions
- Civil Service Retirement System (CSRS) or federal government retirement plans
- Pennsylvania State Employee Retirement Services (SERS) fund pensions
What is a QDRO?
A qualified domestic relations order (QDRO) is prepared to distribute funds from a retirement account, such as an annuity, in the future. QDROs are only necessary in certain situations and require careful preparation by a detail-oriented attorney. Marguerite Nealon can help you determine if you need a QDRO for the division of your or your spouse's retirement accounts.
Speak With a Family Law and Divorce Lawyer
We represent clients from the mind and the heart. Call one of our three Pennsylvania offices, in Philadelphia, Radnor or Scranton, or contact our family law firm online to schedule a consultation with Marguerite Nealon.
