Nicholas Weiss, Esq. Nicholas Weiss, Esq.

Securing your Future: How Divorce can Affect Your Social Security and Retirement Plans

The end of a marriage has intricate implications on your life, especially when it comes to financial aspects like Social Security and retirement plans. When a court considers spousal support, one aspect that emerges is the potential division and distribution of retirement benefits. Retirement benefits can also be divided as a part of marital property when it is earned during the marriage. Dividing retirement benefits in divorce proceedings can spark concerns about “double-dipping,” where a marital asset is divided in property division and again in spousal support. “Double-dipping” can lead to a financial burden on one party.

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