Divorce and Federal Retirement Benefits Fairfax VA The Irving Law Firm

Divorce and Federal Retirement Benefits Fairfax VA The Irving Law Firm Federal government employment is widespread in Fairfax County and throughout Northern Virginia, and federal retirement benefits are often among the most significant financial assets in the marital estates of federal employee spouses filing for divorce. The Civil Service Retirement System (CSRS) and the Federal Employees Retirement System fairfax divorce lawyers https://metrowayfind.com/040326-the-irving-law-firm-fairfax/ (FERS), along with Thrift Savings Plan accounts and other federal benefits, require specific legal treatment in Virginia divorce proceedings. The Irving Law Firm handles the division of these benefits with the understanding of both Virginia family law and federal benefits law that these cases require. FERS and CSRS pension benefits are divided in divorce through a court order that must comply with specific requirements to be honored by the Office of Personnel Management. The order must identify the marital portion of the benefit, specify how it will be divided between the employee and the former spouse, and use language that OPM will accept. Errors in these orders can result in delay or rejection by OPM, making precise drafting essential. The Irving Law Firm has experience drafting these orders correctly. Thrift Savings Plan accounts are divided through a retirement benefits court order that is submitted to the TSP's record keeper after entry by the court. Like FERS and CSRS orders, TSP orders must meet specific technical requirements. The firm addresses these requirements as part of its comprehensive equitable distribution representation for clients with federal retirement assets.
The Irving Law Firm - Fairfax Divorce Lawyers | 10505 Judicial Drive, Suite 300, Fairfax, VA 22030 | (571) 474-1990
For federal employees and their spouses in Fairfax County, the ability to work with a law firm that understands both sides of the federal benefits division equation is a practical advantage that The Irving Law Firm provides. Call The Irving Law Firm - Fairfax Divorce Lawyers at (571) 474-1990 for federal benefits divorce representation. Office at 10505 Judicial Drive, Suite 300, Fairfax, VA 22030.