McKinney Division of Retirement Accounts Attorney

Frisco Division of Retirement Accounts Lawyer Serving Collin County

Retirement assets — such as a pension or a defined-contribution plan — can be a substantial part of a couple's shared marital estate. If you and your spouse decide to divorce, the equitable division of your retirement accounts can present numerous questions and challenges. A mistake made when dividing the retirement account can result in the plan benefits being unavailable when they are most needed.

The Ramage Law Group focuses our practice on family law matters, including divorce and property division. Our attorneys understand the intricacies of retirement asset division, and we can guide you through the process so you can protect your future financial security.

Do I Need a Qualified Domestic Relations Order in Texas?

During your divorce, you will divide your assets, including retirement assets. However, you will need a specific type of order, a Qualified Domestic Relations Order (QDRO), to divide retirement accounts owned by you and your soon-to-be ex-spouse, including:

• Individual 401(k) accounts
• 403(b) accounts
• Annuities
• Defined contribution plans
• Pension plans
• And others

A QDRO designates the non-participating spouse an “alternate payee,” and the Order must be approved by the Plan Administrator.

Protect Your Future

Whether your retirement funds are in a military retirement account, a pension, or another type of plan, come to The Ramage Law Group for candid advice and creative ideas for divorce settlement solutions. We assist clients throughout the north Dallas communities of Denton, Frisco, McKinney, Plano, and Allen, Texas. Set up an introductory appointment by calling us at 972-562-9890 or emailing us.