What Is A QDRO?
Posted on Jan 28, 2014 7:05am PST
Q. Jenna K. of Texas asks: "What is a QDRO?"
A. Evan, from the QDRO Department of Pension Evaluators & QDROS Of
Troyan, Inc Associates Group replies: A "QDRO" is an acronym for Qualified Domestic Relations Order.
A QDRO is a court order that requires a retirement plan to pay a portion
of the retirement benefits of an employee or retiree (who is called the
"participant") directly to the participant's spouse, former
spouse, and/or dependent children (who are each called an "alternate
payee"). QDROs generally apply to retirement plans provided by corporations
and other businesses.
Evan Edelstein
Lead QDRO Consultant
DISCLAIMER: Any legal information on this blog has been prepared by Troyan from informational purposes only and should not be construed as legal advice. The material posted on this website is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Note that sending an e-mail to Troyan does not create an attorney-client relationship, and none will be formed unless there is an agreement between the firm and the individual.