Retirement Accounts Compassionate Advocacy for Families Since 1995

Retirement Accounts & Divorce

Attorney Explains Benefits Division

The division of some marital property is fairly simple, but this is not the case when it comes to retirement plans, pensions, and social security. Though retirement accounts can represent a considerable portion of a couple's net worth, they are often overlooked or neglected during the settlement process. This almost always shortchanges the non-employed spouse. The longer a couple has been married and the closer they are to retirement, the more important the division of retirement benefits becomes.

Contact us online or call 614-656-4252 to speak with a knowledgeable lawyer.

Generally speaking, any funds that are added to a retirement plan during a marriage belong equally to both partners. Federal guidelines govern the division of 401(k) and 403(b) plans while state laws determine the division of IRAs. To ensure that the division of retirement assets is clearly spelled out and legally binding, a Qualified Domestic Relations Order (QDRO) is often required.

Not All Lawyers Handle Retirement Accounts!

If you're not careful, it's easy to wind up with an attorney who is not sufficiently skilled at handling the complex division of retirement property. This may not be a problem if you are the primary account holder, but can be a huge problem if you're the non-employee spouse. At Richard L. Morris Co., L.P.A., we help clients in Columbus, Gahanna, and throughout Franklin County divide their retirement accounts equitably during a divorce.

When you have questions, we can help. Call us for answers to these and more:

  • Will my portion be paid as a lump sum or as monthly payments?
  • Can I afford to wait until retirement to collect?
  • If forego my share of retirement benefits, can I be immediately compensated elsewhere?

For 29 years, Richard L. Morris Co., L.P.A., has been taking the surprises and unknowns out of the divorce process. Call us to schedule a free case review!

Schedule a Free Initial Consultation

Tell Us More About Your Case Below & We’ll Review Your Case for Free
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.

The Opinions That Matter Most

Hear What Our Clients Have to Say
  • “I would recommend him to anybody in need of legal counsel.”

    - Joe K.
  • “His no-nonsense approach helped protect me and family!”

    - Ben W.
  • “He was extremely professional and I absolutely would use him again! Thank you so much again, Rich!!”

    - Kelly T.
  • “His no-nonsense approach helped protect me and family. I highly recommend him!”

    - Ben W.
  • “Richard was very attentive to my needs and while I don't have experience with using attorneys, he didn't appear to waste any of my time, or his - he got right down to the point in every meeting and handled everything extremely professionally.”

    - Mike
/

What Makes Us Different

Providing an Unmatched Experience
  • A+ Rating by the Better Business Bureau
  • Personal, Prompt, and Professional Service
  • Free Initial Consultations
  • Faithfully Serving Clients Since 1995