Description

To determine the fair market value of a 401(k) plan, a number of factors are considered, including the current balance of the account, the investment options available, and the fees associated with the plan. The value of the 401(k) may also be affected by the participant’s age, the length of time they have been contributing to the plan, and the tax implications of dividing the account.

Dividing a 401(k) can be a complex process, and this step is critical if you had a 401k that was started prior to marriage. This may take more than one session