I have been awarded a portion of my ex-spouse’s retirement account and I’m told I need a Qualified Domestic Relations Order (“QDRO”) to effectuate the transfer. How long will it take for the QDRO to be completed so that I can access the funds that were awarded to me?...
(Tips for Attorneys when Dividing Defined Contribution Plans) 1. What’s the plan name? Make sure the correct name of the retirement plan is listed in the divorce decree. Some judicial officers will reject a QDRO if the name of the retirement plan listed in the QDRO...
When getting married, divorce is the furthest thing from most people’s minds. That said, later on there are a variety of different reasons people ultimately end up divorcing. While the divorce process is not a pleasant undertaking, there are some simple things you can...