FAQs about Qualified Domestic Relations Orders (QDROs)
A spouse’s retirement account or benefit may be divided during a dissolution of marriage proceeding. A qualified domestic relations order (QDRO) is an order that, among other things, creates a right (or recognizes that a right exists) for a retirement plan participant’s spouse, former spouse, child, or other dependent (“alternate payee”) to receive a portion or all of the monies payable under the participant’s retirement plan. Click on the link below to read the U.S. Department of Labor’s frequently asked questions (FAQs) about QDROs. No matter the assets divided during equitable distribution, Sessums Black, PA prides itself on providing clients with exceptional legal representation.