Helping Families for 25+ Years

Division of Retirement Lawyer for Rocklin

Understand Division of Retirement in Placer County

A special type of court order, also known as the Division of Retirement, divide the retirement plan between two parties in a divorce of separation.

  • According to state law, division of retirement:
  • Recognizes the right of a former spouse, domestic partner or child to receive a part or all of a pension plan that belongs to their former spouse
  • Is typically required in divorce proceedings where parties are dividing their retirement plan benefits
  • Applies to both parties in a divorce if one of the spouses earned retirement benefits during the course of the marriage

There are several ways that the Division of Retirement plan can be calculated. Unless otherwise specified by the Marital Settlement Agreement or judge, a formula is used. This formula is based on several variables to compute the amount payable to the alternate payee. For cases where a lump sum is distributed, the alternate payee can choose to receive the single payment or to apply the amount to an Individual Retirement Account.

We Are Your Advocates Throughout the Division of Retirement Process

In most cases, the process of obtaining a Division of Retirement takes approximately two to four months from the start of the drafting. The length of the process will vary depending on several factors such as the time it takes for the court to issue the division of retirement, or the time it takes to formally approve it.

The Division of Retirement isn’t always included in the divorce process. Many couples become angered after paying high fees to their attorney and the Division of Retirement wasn’t even included. If you need legal advice or help to settle the division of retirement issues of your divorce, contact us at the Law Offices of Keegan & Myers, PC. We take an understanding and aggressive approach for our clients’ legal needs.

Call our experienced Rocklin family law attorney at (916) 634-0067 to discuss your Division of Retirement. We offer a low-cost 30-minute consultation and are able to assist clients in Placer County, Sacramento, and beyond.