More details to this question:
I've been married for 16 years and I know my husband can receive half of my pension, but when would that get paid to him? When we divorce or when I retire? Also, if my pension gets paid out in the divorce, would Ipay my husband from my half of our savings with the financial advisor?
1 ANSWER
That's a matter for negotiation. In some cases it makes sense to attempt to buy out the future interest in the pension. In others the party simply waits until the pension goes into pay status.
Answered on Dec 11th, 2014 at 4:57 PM