Hi everyone and thanks for joining me on the Money Girl Podcast. My name is Laura

Adams. I'm a personal finance expert and author of multiple books. I love helping you stay on top

of your finances and get your questions answered. You can learn more about me and the

tools I recommend at Laura D Adams.com. Retirement plans were designed to help you save money

faster and give you more to spend in retirement because they come loaded with money saving

tax benefits.

But that's also why they can be complicated.

They come with very strict rules created by the IRS.

I recently received some smart interesting questions about retirement plans that I want to answer for you this week.

You'll find out how getting a divorce affects different types of retirement accounts.

What to do if something about your workplace plan just doesn't seem right,

and how to wisely manage a Roth conversion.

All right, let's get started with question number one. This one comes from Renee, who asks,

I'm wondering, what happens to your retirement account if you get a divorce? I'm not married yet but will be in the not-too-distant

future and have never heard this topic discuss before. Does your retirement account stand

alone or get divided up in a divorce.

Thanks Renee.

I'm a little concerned that you're already thinking about divorce before you're even

married.

But nevertheless, thank you for sending in the question.

It's a good one.

The rules for splitting up assets in a divorce depend on whether they're considered

...