Divorce and Public Pensions
Posted by Carlie Berke, CDFA®
October 25, 2018
Did you know that if you are the non-public employee and you receive a portion of your spouse’s public pension in a divorce, that pension will not reduce your social security benefits?
However, the reverse is not true. The public employee spouse that did not contribute to social security will receive reduced divorced spouse social security benefits. What does this mean when considering different divorce settlement options?
Contact me to explore whether other options may be available to optimize the allocation of retirement assets.
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