The National Directory of Certified Public Accountants

Ask A CPA - Divorce & Marriage Issues

Is There Any Way I Can Prevent My IRA From Being Shared With My Spouse During A Divorce?

No. Whatever monies earned in that IRA during your marriage is considered a marital asset. As a result, this means that if you get divorced your spouse will be entitled to 50% of the money. You would also be entitled to 50% of your spouse's retirement money. This is true even if you did not name your spouse as the beneficiary of the IRA.

If you need professional help with "Divorce & Marriage Issues" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.