Merrillville, Indiana Legal Blog

What happens to my pension in a divorce?

After years working hard and saving for retirement, the prospect of having those funds suddenly cut in half worries many people. But with more and more people ending their marriages later in life, division of retirement funds becomes a common negotiation point in divorce.

Thinking of getting a divorce, or already started divorce proceedings? If you possess significant retirement assets, creating a plan for dividing those assets saves a lot of headaches. In many situations, you won't be able to hold on to all of your pension in divorce. But agreements like a QDRO can help ensure everyone is treated fairly.

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