When you are getting a divorce, your main concerns are probably giving up possessions and figuring out custody of your children. Retirement accounts are probably not one of the main things you are stressing out about. However, the nest egg may represent a significant portion of your marital money.
These assets are worth fighting for, but you must approach them properly. If you do not divide retirement accounts correctly, you may get hit with hefty penalties and taxes. Here is a quick guide for splitting workplace plans and individual accounts.