Lisa from Reston, Virginia asks, "When would I be entitled to receive any of my husband's pension benefits if we divorced?"
Pension Evaluators & QDROS Of Troyan, Inc Associates Group answers, "Generally, pensions are divided at the time of divorce under what's called a "qualified domestic relations order" (QDRO). This is a legal document that directs the pension plan administrator to divide the pension as outlined in the divorce decree. QDROs can be prepared in a variety of different ways, as long as they comply with the company's pension plan guidelines and conform with the Employee Retirement Income Security Act (ERISA). The non-participant spouse is usually entitled to the same rights under the plan as the participant spouse, such as cost-of-living adjustments and early withdrawal options, and is eligible to receive benefits payments as soon as the ex-spouse is entitled to receive them."
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.