answersLogoWhite

0


Best Answer

Kentucky is not a community property state so assets will be divided in an equitable manner. Equitable depends on the length of the marriage, the contributions of each party to the marriage and the potential earning capacity of each party.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: In Kentucky after 16 years of marriage does an ex-wife get half of my 401k?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can I get half of my spouses retirement and 401K in Washington state in a divorce after 6 years of marriage?

You can get half of your spouse's retirement and 401K as it stands at the time of the divorce. You cannot get anything accrues after the divorce.


How old do you have to be to start saving in your 401k?

You must be 21 years of age to start saving in a 401K plan


I opened a 401k account years back but i havent looked into it what happens to the money?

i need to know about my 401k


How to finds 401k funds owed to me?

money was taken out for 401k years ago from my pay checks how can I fine it


How many years do you have to be married to receive the spouses 401k?

WOW...


How long do you have to be married in PA to split your 401K with your spouse?

As soon as you are married, your 401k belongs to both of you. If the marriage has been relatively short, you might be able to negotiate something less than half in the divorce settlement.


How long do you have to be married before you can attach a 401k?

You don't "attach" a 401K. Generally speaking, those assets that accumulate during the course of the marriage are considered marital assets that are subject to distribution based on state laws when the couple divorces. Those assets that each person brings into the marriage remain theirs when they leave the marriage. So, the value of the 401K at the time of your marriage is the value to which your husband will have sole title. The increased value of that 401K during the time you are married is the amount subject to distribution when you divorce. If you are married for one year, odds are that 401K will not be worth a great deal more than it was when you married. The longer you are married, the more time for potential growth in the account. Just because you marry the guy doesn't mean you have a right to everything he had before he met you. So if that's the reason you married him....Ha, ha!


What contribution amount is the maximum amount for a 401k?

The 2013 401K maximum contribution is $17,500. That makes two straight years of increases after three years of no increases from the IRS. If a person would like to max out a persons 401K in 2013, take $17,500 and divide it by a persons total salary from a persons employer.


i have been out of work for a little over 2 years because my job went out of bussieness i want to know how can i collect from my 401k plan?

You will need to call the number on the 401K plan and find out the fees if any, to remove the money from your 401K.


Can you take out your 401k retirement early if you need the money?

401K retirement plans are meant to accumulate money throughout the years by interest free deposits. You can withdraw money from your 401K fund if needed, however, their is usually a large penalty fee.


Which is the best 401k plan at Safeway?

Try this website:http://www.fundadvice.com/401k-help/401k-plans/401k-safeway.html


What should I know before investing in a 401K?

The biggest question is how much to invest, typically you should be able to match your salary in 10 years. You should also have a understanding of mutual stocks that you can use your 401k to invest with. Check out this site for full details of investing with your 401k http://moneyandsuch.blogspot.com/2007/09/how-to-invest-your-401k-funds.html