Angela from Middletown, RI asks, "What if the participant dies before retirement?"
Pension Evaluators & QDROS Of Troyan, Inc Associates Group answers, "A QDRO may provide that all or a portion of the participant’s benefits go to the ex-spouse as a survivor benefit in the event the participant dies before retiring. When applying for retirement benefits, the retirement plan will require the participant to pick from several different survivor benefit options to state who will get the survivor benefit and how it will be paid. The participant may choose the ex-spouse or the participant’s children to receive survivor benefits. The participant might divide the survivor benefit between an ex-spouse and the participant’s children. The participant may choose that the surviving ex-spouse will get the survivor benefit in either a lump sum payment or regular payments on a set time period like monthly payments."
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.