Articles Posted in 401(k)

Interest on Retirement Accounts Utilized for the Payment of Alimony
Alan R. Burton Attorney at Law

All income available to the recipient of alimony should be taken into consideration prior to the court assessing the amount of alimony to be paid. Income from all sources reduce the “needs” of the spouse who is claiming alimony from the other party.  “Needs versus ability to pay” is the general standard utilized by the…

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Equitable Distribution of Retirement Benefits, 401(k)
Alan R. Burton Attorney at Law

Equitable distribution of retirement accounts in Florida, including 401(k) accounts, is governed by Florida Statutes 61.075. To first determine if in fact a particular retirement account is a marital asset, you first have to understand the definition of a marital asset. A marital asset is defined as any asset acquired during the marriage, either individually…

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