Legal Question in Family Law in California
releasing 1/2 of 401k to ex spouse what forms need to be filled out?
Asked on 1/07/14, 12:52 pm
1 Answer from Attorneys
That depends on how you are "transferring" it. Hopefully to an IRA or other IRS authorized account. Otherwise you are facing expensive tax consequences. If it is a straight 401k to IRA, SEP IRA, or other authorized account, you will just need to fill out whatever paperwork your 401k administrator requires. If you plan to release it in cash, you are making a big mistake and need to talk to a lawyer in person.
Answered on 1/07/14, 1:05 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
