Johndeere720
Junior Member
What is the name of your state? OHIO
Late last week I asked a question about a 401k which I had before marriage, but continued to contribute to during the marriage. LDIJ responded, but I need more clarification, please.
At the date of the marriage, there was 50k in the 401k. That original 50k has grown to 65k now, but it is part of a total 104k in the plan. The marriage was 4 years.
I asked if that 65k is marital property - i.e. is the growth on premarital 401k balance marital or separate property?
LDIJ said "that is not how it is usually done"...what does that mean....how is a 401k split....
More info: I am older and have this 401k with a balance of 104k, her 401k is 5k.....
Thanks!
Late last week I asked a question about a 401k which I had before marriage, but continued to contribute to during the marriage. LDIJ responded, but I need more clarification, please.
At the date of the marriage, there was 50k in the 401k. That original 50k has grown to 65k now, but it is part of a total 104k in the plan. The marriage was 4 years.
I asked if that 65k is marital property - i.e. is the growth on premarital 401k balance marital or separate property?
LDIJ said "that is not how it is usually done"...what does that mean....how is a 401k split....
More info: I am older and have this 401k with a balance of 104k, her 401k is 5k.....
Thanks!