A qualified domestic relations order (or QDRO, pronounced "qua-dro"), is a judicial order in the United States, entered as part of a property division in a post-nuptial agreement, divorce or legal separation that splits a retirement plan or pension plan by recognizing joint marital ownership interests in the plan, specifically the former spouse's interest in that spouse's share of the asset.
QDROs must first be issued by a State-level domestic relations court, and are then reviewed by plan administrators for compliance with the terms of the plan and with ERISA or other applicable law. The QDRO may be a separate document or it may be part of a divorce decree, and is valid as long as it meets the standards for a qualified domestic relations order under ERISA and meets the standards of the plan to which it applies. Courts have jurisdiction to declare a QDRO "qualified" as comporting with federal law, but pension plan administrators must determine whether a QDRO meets the requirements of a specific pension plan.
Email: info@npross.com
Phone & SMS (713) 589-8727
Located one mile west of Beltway 8 on the ground floor of the 11200 Westheimer, Suite 150 is just to the right of the elevator bank. This office will serve as our headquarters where we will be undertaking networking events along with the ongoing development of a series of investor "MATH" educational resources including this website and collateral materials, e.g. training and e-Books.
Our first few MATH sites, training and e-Books are staged for release over the next few weeks. Sharpen analytical skills, save time and make better financial decisions.
Attribution: Some of the content shown on this page is found on Wikipedia.com and is shared pursuant to terms which are available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization.