If 2018 ira funded prior to marriage later in 2018 is it separate property?
2018 Roth IRA funded in texas February 2018. Getting married October 2018. Is that 5500 amount separate or community property? I believe it is separate
It should be separate property. If you are concerned, make a copy of your last IRA statement prior to the marriage date. The value on that date should be separate property. Any increase in value either from gains or new contributions after the date of marriage will be TX community property.
Permalink Submitted by John Black on Tue, 2018-02-27 17:03
Marital Portion If you began contributing to your IRA before you married, that portion is premarital and it’s your separate property. The only portion your spouse has a right to is that which accrued after the date of your marriage.