This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A divorce settlement awards the non-participant spouse ...

A qualified domestic relations order (“QDRO”) is a state domestic relations order that assigns to an alternate payee (such as a former spouse or a child) the right to receive all or a portion of ...

“The reason a QDRO is necessary is that retirement accounts are in the name of one spouse. The plan administrator is not permitted to divide the account without a QDRO,” said Laurie Itkin, certified ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Joules Garcia A QDRO allows a court to allocate retirement assets during a ...

Special thanks to guest author Jason Luter for this post. As most family law practitioners are aware, ERISA and the Internal Revenue Code (“IRC”) do not permit a participant in a retirement plan to ...