HOW MUCH OF THE TSP IS THE SPOUSE ENTITLED TO IN VIRGINIA? If your spouse worked for the federal government during your marriage, they may have opened a Thrift Savings Plan, abbreviated as TSP. Comparable to a civilian 401(k) plan, a TSP is considered to be a major asset in most divorces of federal employees. …

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WHAT HAPPENS TO MY TSP IF I GET DIVORCED IN VIRGINIA? If are getting divorced and you have a Thrift Savings Plan (TSP), this asset is likely one of your chief concerns. The short answer is it will be divided amongst your other marital assets, unless your spouse agrees to waive their marital share. Let’s …

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WHAT ASSETS AND DEBTS ARE DIVIDED IN A DIVORCE IN VIRGINIA? When a couple decides to divorce, they should make every attempt to agree to a division of all marital assets and debts for the divorce to be finalized. This agreement is memorialized in a Property Settlement Agreement. Some parties are able to agree on …

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