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Kiplinger
Kiplinger
Business
Joy Taylor

What to Know Before Splitting 401(k) Assets in a Divorce: The Tax Letter

Older couple looking at paperwork.

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our highly experienced team (Get a free issue of The Kiplinger Tax Letter or subscribe). You can only get the full array of advice by subscribing to the Tax Letter, but we will regularly feature snippets from it online, and here is one of those samples…

The tax rules for splitting retirement account assets in a divorce differ depending on the type of account—IRA, 401(k) or a pension—and can be complicated. Also, transferring retirement funds to a former spouse can have unintended tax consequences if done incorrectly, so the stakes are high for getting it right. 

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