When dividing federal benefits in divorce, there are two retirement accounts federal employees are eligible for. The first account is the Federal Employee Retirement System (FERS). Under FERS, employees are eligible for benefits from the Thrift Savings Plan (TSP). Read more about the Federal Employees Retirement System and how it functions here.
If you are a federal employee or a spouse of a federal employee who needs help navigating the divorce process, contact Kowalski Family Law. We have represented many federal employees and their spouses. Our experience and knowledge of the various options and limits will ensure that you receive your fair share of benefits.