Retirement Accounts & Divorce: Why you need a QDRO
QDRO: Qualified Domestic Relations Order A Qualified Domestic Relations Order (QDRO) is the court order required to give notice to a retirement plan administrator that an Alternate Payee is entitled to a portion of the plan. Without a QDRO the plan administrator cannot legally make payments to the Alternate Payee. Retirement plans such as 401(k)’s […]