Employee and Employer Contributions
When dividing the Movius Interactive Retirement Savings Plan, it’s important to understand both employee and employer contributions. Employee contributions are controlled by the participant and are typically fully divisible. But employer matching contributions may be subject to a vesting schedule.
If the employee is not fully vested in employer contributions, the alternate payee may not be entitled to the full account balance, even if the settlement agreement intends a 50/50 split. It’s crucial to review the participant’s vesting status at the time of divorce.

