The National Directory of Certified Public Accountants

Ask A CPA - IRAs - Traditional

IRA -Divorce Allocations

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.

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