TSP after divorce

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Q: I’ve been married for 12 years, have two children (minors) and am in the process of a divorce. How would this affect my TSP account? What amount would my former spouse be entitled to and how would the disbursement of said amount be handled? I live in Florida.

A: This is a state-specific legal question best posed to your divorce attorney.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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