Pension

[monkey411]

What is the name of your state? MN

How does a pension get split. Amount recieved 4083.00/yr if retired today or $22,000/yr if retired at 65. This amount is fully vested and started at the beginnig of the marriage. How would something like this be split? Is there an equation?

 

[Bali Hai]

What is the name of your state? MN

How does a pension get split. Amount recieved 4083.00/yr if retired today or $22,000/yr if retired at 65. This amount is fully vested and started at the beginnig of the marriage. How would something like this be split? Is there an equation?

Retirement accounts are split based on what has accumulated during the marriage.

If you are the husband asking these questions with the retirement account, it seems you have a long way to go before retirement.

If you are the wife asking these questions, it seems you have a long wait.

And if you are the husband with the retirement account asking these questions, dump her now. You see, time is money.