Matthew from Lakewood, NJ asks, "Do military persons need a QDRO?"
Pension Evaluators & QDROS Of Troyan, Inc Associates Group answers, "You need an order with specific language in your divorce or dissolution final papers to divide military retirement pay, but it is not called a QDRO. Federal law gives state courts the authority to treat military retired pay as marital property and divide it between the spouses in the final divorce or dissolution order. The divorce order needs to specify either a dollar amount or a percentage of disposable retired pay that is awarded to the ex-spouse. You can read more about military retirement benefits and divorce. You will require a MRBCO. This type of QDRO is found at IRC Title 10."
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 QDRO Consulting 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, or directly with your clients, in the QDRO process. Just complete and mail the application form on this site (or direct your client to do so), along with prepayment of our fee, either by check or credit card (online).