What is a QDRO: Dividing Pensions, 401(k)s, and IRAs in Divorce
The Internal Revenue Service defines a Qualified Domestic Relations Order (QDRO) as “a judgment, decree or order for a retirement plan to pay child support, alimony or marital property rights to a spouse, former spouse, child or other dependent of a participant.” A QDRO grants a spouse, former s...