Don’t Overlook Retirement Accounts

A QDRO, or Qualified Domestic Relations Order, is a legal order used in divorce or legal separation to divide retirement benefits fairly between spouses. It is necessary because retirement accounts, such as pensions or 401(k) plans, can not be divided without a QDRO. A QDRO ensures compliance with federal laws, allowing the non-employee spouse to receive their entitled share of the retirement benefits without incurring penalties or taxes. By clearly outlining the division, QDROs help protect both parties’ rights and ensure a smooth transfer of assets.

We have partnered with QDROCounsel.com to assist with the division of retirement benefits in your case