Will a spouse be entitled to both 401k and pension ?

Asked over 1 year ago - Mineola, NY

Simple, is a spouse entitled to both or one or the other?

Attorney answers (1)

  1. Clayton Harold Walker Jr.

    Pro

    Contributor Level 13

    1

    Lawyer agrees

    Answered . If this is a divorce question, all of the assets are before the court for an equitable distribution. If this is an estate question, the beneficiary designation on the plan may control subject to claw back provisions in a statutory spousal claim against the estate. I could imagine facts where they could take it all and facts where they get nothing. You should talk to a lawyer in person that can maintain your confidences if you want specific advice applicable to your circumstances.

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