WHAT IS A QUALIFIED DOMESTIC RELATIONS ORDER (“QDRO”)

 A QDRO is a legal order entered as part of a divorce or legal separation that splits and changes ownership of retirement plan to give divorce spouses their share of the assets or pension plan.  If you divorce settlement agreement states that you will divide a pension and/or 401(k) plan, a Court must order a Qualified Domestic Relations Order commonly abbreviated as a QDRO. 

 

 

A Qualified Domestic Relations Order is a domestic relations order which creates or recognizes the existence of an “alternate payees” right to receive, or assigns to an alternate payee the right to receive, all or a portion of a portion of benefits payable with respect to a participant under a Retirement Plan. 

 

 

The Order must comply with the Plan’s requirements.  In order to ensure that you will receive your fair share of your spouse’s retirement benefits you should schedule an appointment with an attorney at Liebmann Family Law.  We can help you to draft, review and file the QDRO to protect your rights far into the future. 

 

Other Topics Of Interest:

Making Sense Of Divorce

What Is Marital Property?

What Is Qualified Domestic Relations Order (QDRO)

What Is Alimony?

 

Topics To Come:

Does it matter who files for divorce first?

Am I allowed to date?

Does Pennsylvania have a legal separation?

Affording a divorce