If the Participant has already started receiving benefits can the benefit option be changed to award a survivor benefit if not the selected benefit at the Participant's benefit commencement date?

Georgia from Scottsdale, AZ asks, "If the Participant has already started receiving benefits can the benefit option be changed to award a survivor benefit if not the selected benefit at the Participant’s benefit commencement date?"

Pension Evaluators & QDROS Of Troyan, Inc Associates Group answers, "Once a Participant has elected a benefit option and has begun receiving benefits, the election cannot be changed in most circumstances. There is a short window of time whereby the retirement option may be disputed and even changed to offer a survivor benefit. This requires our QDRO experts’ involvement to properly discuss prospective viable options."

Pension Evaluators & QDROS Of Troyan, Inc Associates Group QDRO Consulting offers expert QDRO outsourcing services to divorce attorneys and mediators, as well as retirement plan administrators.
Divorce attorneys/mediators – You can rely on Pension Evaluators & QDROS Of Troyan, Inc Associates Group to draft QDRO documents correctly and promptly for your clients, and obtain pre-approval by the plan administrator. We will be pleased to work with you and your law office, or directly with your clients (after the divorce is finalized by your offices) in the QDRO process.

QDRO Pre-Approval Guaranteed!

Just click here to begin the process to begin the application process forms on this site (or direct your client to do so), along with prepayment of our fee, either by check or credit card (online). For more information, call to speak with our QDRO experts at 800-221-0706 and reference the state for your Divorce matter for discussions.