Ella Royzman PLLC | New York City Matrimonial and Family Law Firm
  • ABOUT
  • Attorney
  • Practice Areas
    • Divorce
    • Equitable Distribution
    • Child Custody and Parenting Time
    • Child Support and Paternity
    • Spousal Support
    • Negotiation and Litigation
    • Separations
    • Relocation Petitions
    • Pre-nuptial / Post-nuptial / Cohabitation Agreements
    • Grandparent Rights
    • Orders of Protection / Family Offense Petitions
    • Post-Judgment Actions and Amended Agreements
    • Jurisdictional Disputes
  • Resourses
  • Contact Us

Compensation packages

As an employee you're employer may have a number of ways in which they compensate you. That might be a combination of any of the below:

  • Base Pay / Salary
  • Commission
  • Overtime Pay
  • Bonuses / Profit Sharing / Merit Pay
  • Stock Options / Restricted Stock / Restricted Stock Units (RSU) - vested and not vested
  • Travel / Meal / Housing Allowance
  • Medical / Dental / Life Insurance
  • Retirement Assets
Many professionals receive a major part of their salary in the form of a bonus, some form of stock interest and or retirement savings or plans. As such, these are a significant consideration in a divorce and must be addressed in the right way. It can affect the size of the assets in the divorce as well as child and spousal support obligations.
Retirement assets are subject to equitable distribution. These include both defined benefit and defined contribution retirement plans. There are different types of defined benefit plans which promise a specific monthly benefit at retirement. Defined contribution plans an employee or an employer (or possibly both) contribute money to the employee's individual account. Examples would be 401(k), 403(b), 457 plan, Simplified Employee Pension Plan (SEP), Employee Stock Ownership Plan (ESOP), Profit Sharing Plan or Stock Bonus Plan

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This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

Contact Us

Ella Royzman, PLLC
1022 Avenue P, Brooklyn, NY 11223
Tel: 718-645-6030
Tel: 212-661-1444

location

© Copyright 2002 - 2022 Ella Royzman, PLLC
  • ABOUT
  • Attorney
  • Practice Areas
    • Divorce
    • Equitable Distribution
    • Child Custody and Parenting Time
    • Child Support and Paternity
    • Spousal Support
    • Negotiation and Litigation
    • Separations
    • Relocation Petitions
    • Pre-nuptial / Post-nuptial / Cohabitation Agreements
    • Grandparent Rights
    • Orders of Protection / Family Offense Petitions
    • Post-Judgment Actions and Amended Agreements
    • Jurisdictional Disputes
  • Resourses
  • Contact Us