A Qualified Domestic Relations Order (QDRO) is a court order creating formal recognition of another person’s right to retirement monies held in a pension plan, deferred compensation plan, and/or 401k. You cannot properly divide interests in these assets without the QDRO, as they are also federally regulated. Seek your own advocate and talk to a divorce settlement attorney as soon as possible.
I have a pension plan and 401k as marital property. Spouse’s lawyer keeps requesting I get a QDRO form frm plan administrator. What should I do?
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