Q. Mary S. of Connecticut asks: "Is there a deadline in which a QDRO must be completed?"
A. Spencer from Pension Evaluators & QDROS Of Troyan, Inc Associates Groupresponds: "Every plan has a different deadline for when the QDRO needs to be signed and sent to the Plan Administrator. Some plans have deadlines as short as 3 months from the date the Judge signs the Operative Divorce document that refers to the QDRO. If possible, you should find out what the QDRO deadline will be in your case BEFORE your final divorce or dissolution hearing. Have the proposed QDRO ready for the Judge's signature at your final hearing or trial or as soon as possible after the divorce. After the Judge signs the QDRO, quickly give it to the retirement plan administrator. If you need help with a QDRO or have other Qualified Domestic Relations Order questions, please call your QDRO Experts today at (800) 221-0706. Troyan guarantees Qualification."
Spencer Olsen,
Lead Pension Analyst