Legal Question in Family Law in Utah
Division of Pension
What is the law in the State of Utah on the division of 401K asset in a Divorce settlement?
Asked on 7/18/07, 4:54 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: Division of Pension
The 401(k) amounts contributed during a marrage, from the employment of either party, are marital assets and are divided equally. It gets more complicated if a 401(k) existed prior to a marriage, if additional amounts were contributed during the marriage.
Answered on 7/18/07, 5:10 pm