Subscribe to our mailing list and receive tips, articles, and information to help you get your life back on track after the divorce. The Thrift Savings Plan, or TSP, is the military's version of a 401 (k) program, which Congress extended to military members in 2001. If you're going through a military divorce in Virginia, you might be eligible to receive a portion of your husband's TSP balance.
The TSP is a retirement savings and investment plan that many military members use to supplement military retirement pay. To receive a transfer of funds from your husband's TSP account after your Virginia divorce, you'll need a court order that clearly awards you a portion of the TSP account.
In order to help develop a valid court order during your military divorce, the TSP Legal Processing Unit will provide you and your Virginia divorce attorney pertinent information, such as:
Starting over after the life-altering event of a military divorce can seem scary at times, especially when you're unsure of your financial future. It helps to know that you might be eligible to receive a portion of your husband's TSP balance, which will provide you with a welcomed financial buffer.
Your Virginia divorce attorney can help you navigate the military retirement pay system during your Virginia divorce to fight for a settlement that addresses your husband's TSP account, among other possible assets.
Contacting a Virginia Divorce Attorney
There are very specific rules governing a military divorce in Virginia, including those surrounding the military retirement pay system and TSP accounts. At Hofheimer/Ferrebee we are committed to providing you with the experience and compassion you deserve and the successful results you need to move on with your life. Request a FREE copy of our divorce guide for women in Virginia, or reserve your seat at our monthly divorce seminar - 757-425-5200.
What Every Virginia Woman Should Know About Divorce is full of thoughtful steps and practical tips that will help you during your separation, divorce, or child custody case including:
-- 20 guidelines for "separation under the same roof"
-- 13 critical factors used to determine spousal support
-- 3 types of property classification recognized by Virginia courts
-- 10 factors your judge must consider in a contested custody case
-- a formula to determine your percentage share of his retirement benefits
-- 38 Financial Records you should be aware of
-- 20 steps to prepare for divorce
-- 7 stages of divorce
-- 40 age-appropriate books about divorce for children
Get Your FREE Copy Today!
 View lawyer's profile |
|
Post a Comment to "Dividing Your Husband’s Thrift Savings Plan after Military Divorce in Virginia"
To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."
