Divorcing couples should pay attention to the tax implications of retirement benefits.

Question

Quizplus · Accepted Answer

Retirement benefits, such as 401(k)s and pensions, are subject to complex tax rules and can have significant implications on the division of assets during divorce. It's important for couples to consult with a financial professional to fully understand the tax implications and consider options such as transferring retirement assets in a tax-efficient manner.

Divorcing Couples Should Pay Attention to the Tax Implications of Retirement