Hi all, thank you for all your help. My wife filed for divorce and she was the higher earner throughout the 4 year marriage (together for 10 years). No kids, Living in California. She'll be giving me alimony, we'll split the joint checking, and she will likely buy out my 50% interest in the house. The rest is the issue.
We have a joint checking account and always maintained separate checking and savings accounts. We both have 401ks and Roth IRAS, I only want to consider the stuff we accumulated during the marriage.
She has a 401k and Roth that only has monies accumulated during the marriage and we mainly put that cash in there to lower her taxable income. I too have a 401, but doesn't have nearly as much money in it, and I have a rollover IRA from before the marriage. Just to be clear, I am entitled to 50% of this 401k of hers, correct.
Also, since we had separate bank accounts and accumulated our own savings, can I find out how much her and I have accumulated during the marriage time and then we split that?
Thanks...oh and divorce sucks.
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We have a joint checking account and always maintained separate checking and savings accounts. We both have 401ks and Roth IRAS, I only want to consider the stuff we accumulated during the marriage.
She has a 401k and Roth that only has monies accumulated during the marriage and we mainly put that cash in there to lower her taxable income. I too have a 401, but doesn't have nearly as much money in it, and I have a rollover IRA from before the marriage. Just to be clear, I am entitled to 50% of this 401k of hers, correct.
Also, since we had separate bank accounts and accumulated our own savings, can I find out how much her and I have accumulated during the marriage time and then we split that?
Thanks...oh and divorce sucks.
Sent from my iPad using Tapatalk