Property is often not given enough attention, because their value is not received until sometime in the future. The same goes for pensions and retirement funds that are part of a spouse’s employer-sponsored benefit plan. This includes Individual Retirement Accounts (IRAs), 401(k) plans, Simplified Employee Pension Plans (SEP) and pensions falling under the realm of the Employee Retirement Income Security Act (ERISA). Each spouse has an equal interest in the value of the other’s pension or retirement plan.
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