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Law Firm Blog

BY: Tiffany Lunn-White, Esq.

How To Split An IRA In Divorce

In Georgia, an IRA in a divorce is treated like other liquid assets of the parties if acquired during marriage. IRA stands for Individual Retirement Account and delays paying taxes on money until it is withdrawn. Although similar to a 401 (K), it is not managed by an employer but is managed by the individual themselves.
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