A major concern for both spouses in a divorce is securing their financial future. In addition to dividing physical assets such as homes and vehicles, the matter of retirement accounts plays a central role in the proceedings. One retirement plan of particular importance to federal employees is a
Can A Divorce Affect My Security Clearance?
Most people going through the divorce process do not consider the effect that a divorce may have on their careers. Unfortunately, divorce can sometimes impact an employee’s security clearance. Divorcees who have jobs that require a security clearance should consult with a family law attorney who is
What Is Spouse Equity Coverage?
Continuation of health insurance is a major concern for many people going through a divorce. If a person is listed on the insurance of their former spouse, they could lose coverage upon divorce and be forced to find more costly or limited health insurance. Through a system known as spouse equity,
Everything You Need to Know About Your Federal Benefits in a Divorce
Federal employees going through the divorce process may find that their federal benefits are also impacted. In many cases, the spouse of a federal employee is entitled to certain benefits to ensure that the division of property is fair. The government does not award former spouses with automatic
FAQs: Federal Employee Divorce Process
Federal employees going through the divorce process may encounter more challenges than those working in the private sector. Retirement savings, health insurance and other federal employee benefits can complicate and prolong divorce proceedings due to the complex state and local laws that govern
How Is My TSP Affected During My Divorce?
A thrift savings plan (TSP) is a type of retirement investment program available to federal employees and members of the uniformed services. This defined contribution plan offers federal workers many of the same benefits that are available to employees in the private sector. A TSP is a
Does My Ex-Spouse Have Rights To My Federal Retirement After A Divorce?
The division of property is common during a divorce. From bank accounts and real estate to investments and vehicles, the court system will attempt to divide assets as fairly as possible. One of the most common concerns that people have when starting divorce proceedings relates to retirement savings.
Men’s Rights During A Divorce
It is a common misconception that men do not have the same rights as women when it comes to a divorce. In modern society, men and women are treated equally and must abide by the same laws. However, it is important for men to remember that their actions and behavior during divorce proceedings can
