Qualified Domestic Relations Orders – QDROs
QDRO stands for Qualified Domestic Relations Order, and describes a court order that grants rights to, and distributions from a member’s retirement plan to a spouse, former spouse or child/dependent.
These are common during a divorce as the parties’ retirement plans are usually distributed between spouses. Most retirement plans will require a separate court order, which is referred to as a QDRO, to provide the nonmember spouse or dependent with rights under the plan.
If you have not yet addressed your or your spouse’s retirement accounts, you should contact us to discuss your next steps.
Important IRS information regarding QDROs is available at the following website link:
We Help You Carefully Review Your Divorce Assets
At Margolin & Neuner, our attorneys can help you protect your future financial stability when you are facing the confusing nature of dividing assets.
Assisting clients throughout northwestern New Jersey for over 25 years, our lawyers care about fair and equitable division of assets, including retirement plans.
In preparation for divorce proceedings, it is vital to have a discussion about retirement accounts and how they should be fairly settled in a divorce.
Your Questions On QDROs Answered
Specific guidelines for the fair and equitable division of a couple’s retirement plans can be overwhelming, and we can provide clear answers to your questions about QDROs.
Call Margolin & Neuner at 908-852-7811 for an appointment to meet with an experienced QDRO lawyer. You may also complete our online form to schedule a free consultation. Based in Hackettstown, our firm handles cases for clients throughout Northwest New Jersey.