by Administrator | Aug 6, 2018 | Personal Divorce, Retirement Plans (QDROs) in Divorce
In a Qualified Domestic Relations Order there are two common approaches used to split the benefit payments under a defined contribution plan and under a defined benefit plan. They are: Shared payment approach A shared payment approach enables an alternate payee to...
by Administrator | Aug 6, 2018 | Personal Divorce, Retirement Plans (QDROs) in Divorce
In order to properly manage the financial implications of a QDRO you need to involve a financial divorce expert in the process. Ideally you would involve a financial divorce architect as these professionals understand how the “divorce chess board” works, even if you...
by Administrator | Aug 6, 2018 | Personal Divorce, Retirement Plans (QDROs) in Divorce
What is a QDRO? A QDRO arises as a result of a divorce or a legal separation. It is an order in the United States to recognize that the non-employee, former spouse has an ownership interest in the employee spouse’s retirement plan. A QDRO may be used for spousal...
