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Divorce Issues/401k split
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Question
i have been married for 2 years and in the starting of my devorce. i live in maryland and was wondering what is the equitable distribution rights of my 401k account. is my spouse intitled to any share or not.
Dear Scott,
Sorry for the delay getting back to you. The first place to look for your answer is http://www.courts.state.md.us/family/forms/domrellist.html
they have forms and instructions- there may be some information regarding retirement plans.
A 2 yr marriage is fairly short, if anything she may be entitled to half of what was made on the 401K during the 2 years of marriage. Consulting with your lawyer would most likely be the best route in coming up with a fair and legal distribution.
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