A Qualified Domestic Relations Order (QDRO) is an order that needs to be included in a divorce settlement agreement to provide former spouses their share of Erisa-qualified retirement assets. In order ...
Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor (CRPC), Retirement Income Certified Professional (RICP), and a Chartered Socially Responsible Investing ...
You could lose all or part of your account—or gain all or part of your spouse’s Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author ...
So, what is a QDRO? It's an acronym for qualified domestic relations order, which is used in a divorce proceeding to instruct a retirement plan to pay a spouse or a former spouse his or her community ...
Ever hear of a QDRO fee on a 401(k) plan action? If not, financial advisors can expect to be sideswiped to the tune of $1,200 on a divorced client’s 401k plan, and really for no good reason – other ...
A federal appellate court has found that a divorce decree contains all the information required for a qualified domestic relations order (QDRO) under the Employee Retirement Income Security Act (ERISA ...
There’s an important financial matter, often left to the end, that if not handled correctly can mean that finalized divorce agreement may not be in your best interest when it comes to retirement ...
A qualified domestic relations order (QDRO) is a court order that divides the assets that are in certain retirement plans, including 403(b)s and 401(k)s. Before using the money to buy a house, you ...