September 01, 2017

Military Divorce and the Thrift Savings Plan

Chris Barondeau

Reprinted with permission from the ABA Section of Family Law eNewsletter, August 2017. © 2017 American Bar Association. All rights reserved. This information or any or portion thereof may not be copied or disseminated in any form or by any means or stored in an electronic database or retrieval system without the express written consent of the American Bar Association.

 

A divorce can be a complicated situation to begin with, throw in the fact that one of the parties is in the military and additional complexities can emerge. One of those additional complexities often centers around the distribution of the military member’s Thrift Savings Plan (TSP). Given the pending changes to the military’s retirement system (i.e. the shift to the blended retirement system, effective January 1, 2018), the issue of distributing a military member’s TSP is likely to become an even more important and frequently occurring issue.

 

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