How is a 401(k) Divided in Divorce?
You don’t think of the IRS as being a social influencer, but one of its creations has definitely gone viral: the 401(k), whose name comes directly from the tax code. A 401(k) and its nonprofit twin, the 403(b), are retirement plans offered by employers. These accounts reduce taxable income, can be matched by employers (that’s free money right there), and ...