What is the function of the Plan Administrator/Recordkeeper and what is this Plan's method of QDRO implementation?

Kennedy from Rochester, NY asks, "What is the function of the Plan Administrator/Recordkeeper and what is this Plan’s method of QDRO implementation?"

Pension Evaluators & QDROS Of Troyan, Inc Associates Group answers, "The Plan Administrator / Recordkeeper is responsible for determining whether a domestic relations order is a QDRO. The Plan Administrator will follow certain established procedures in order to approve or reject a proposed QDRO and will administer distributions to both the Participant and Alternate Payee pursuant to the terms of the subject QDRO. It is essential when permitted by the Plan Administrator / Recordkeeper submit the draft DRO to this individual / entity. Many divorcing and already divorced parties believe that the Plan will follow the Divorce instrument. Thus they never follow through with the memorialization of the Divorce instrument to effectuate a QDRO."

Pension Evaluators & QDROS Of Troyan, Inc Associates Group QDRO Consulting offers expert QDRO outsourcing services to divorce attorneys and mediators, as well as retirement plan administrators.
Divorce attorneys/mediators – You can rely on Pension Evaluators & QDROS Of Troyan, Inc Associates Group to draft QDRO documents correctly and promptly for your clients, and obtain pre-approval by the plan administrator. We will be pleased to work with you and your law office, or directly with your clients (after the divorce is finalized by your offices) in the QDRO process.

QDRO Pre-Approval Guaranteed!

Just click here to begin the process to begin the application process forms on this site (or direct your client to do so), along with prepayment of our fee, either by check or credit card (online). For more information, call to speak with our QDRO experts at 800-221-0706 and reference the state for your Divorce matter for discussions.