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Divorce & Marriage Issues

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  4. Is there any way I can prevent my IRA from being shared with my spouse during a divorce?

Is there any way I can prevent my IRA from being shared with my spouse during a divorce?

No. Whatever monies earned in that IRA during your marriage is considered a marital asset. As a result, this means that if you get divorced your spouse will be entitled to 50% of the money. You would also be entitled to 50% of your spouse's retirement money. This is true even if you did not name your spouse as the beneficiary of the IRA.

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