Division of Employee and Employer Contributions
In many cases, divorcing couples agree to divide the 401(k) balance accumulated during the marriage. However, 401(k) plans like the Tailored Access, LLC 401(k) Profit Sharing Plan often include both employee and employer contributions. While employee deferrals are always 100% vested, employer matching and profit-sharing contributions may be subject to a vesting schedule. This means the alternate payee may not receive the entire employer contribution amount shown on the statements.

