Consider This Program with Joe Clark, CFP and Dean Huddleston. In this segment we will cover:
QDRO is an acronym for Qualified Domestic Relations Order. In the case of a divorce where assets are held subject to the Employee Retirement Income Security ACT (ERISA) rules those assets are viewed as joint marital assets. Once the divorce is complete the non-account holding spouse's (alternate payee) right to receive all or a portion of the assets held in the account is established.
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