Do I Need a QDRO Even If the Settlement Agreement or Divorce Decree Awards Me a Portion Of My Ex-Spouse's Retirement Plan Assets?
Posted on May 9, 2014 7:27am PDT
Q. Melanie K. of Georgia asks: "Do I Need a QDRO Even If the Settlement Agreement or Divorce Decree
Awards Me a Portion of My Ex-Spouse's Retirement Plan Assets?"
A. Evan from the QDRO
Department of Pension Evaluators & QDROS Of Troyan, Inc Associates
Group answers: "Yes. A QDRO is required to secure your awarded benefits under the plan;
the QDRO is the operative documents used to resurrect the lost marital
benefit as a result of Divorce. The operative divorce document simply
states the parties agreed upon award from a qualified deferred pay program.
The non-pensioned spouse must have the QDRO qualified by the Plan to receive
the award. Absent a QDRO your marital benefit that was once safe is lost."
Evan Edelstein
Senior QDRO Analyst
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