Snodgrass v. Snodgrass

OPINION

in which JANICE M. HOLDER, C.J., WILLIAM C. KOCH, JR., and SHARON G. LEE, JJ., joined.

We granted permission to appeal in this divorce case to address whether a spouse’s 401(k) account is a “retirement or other fringe benefit right[] relating to employment” under Tennessee Code Annotated section 36-4-121(b)(l)(B) such that any increase in the account’s value that accrues during the marriage is marital property. We hold as follows: (1) the parties’ 401(k) accounts are “retirement or other fringe benefit rights relating to employment”; (2) the entire net amount by which the parties’…