Divorce in the Military: Can My Spouse Take My Military Retirement or VA Disability Benefits?
You’re in the military and you’re looking to get a divorce, but you’re wondering if your divorced spouse will be able to take the money you’ve invested into your retirement as part of the divorce settlement, or if your divorced spouse will be able to take any part of your VA disability benefits. The answer is yes and no… In this video, I explain which of your military retirement benefits your former spouse is entitled to after a divorce and how much they can take. Topics I’ll discuss include military pension payments, the Thrift Savings Plan (TSP), Veterans’ Affairs (VA) disability benefits, Concurrent Retirement and Disability Pay (CRDP), and the Uniformed Services Former Spouses’ Protection Act.
TIME STAMPS:
0:00 Introduction
0:51 Marital Property or Separate Property?
1:32 Retirement Pay
3:28 Disability Benefits
4:40 VA Offset
6:48 Concurrent Retirement and Disability Pay (CRDP)
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