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QUALIFIED DOMESTIC RELATIONS ORDER (QDRO)

 

 

Frequently Asked Questions

What is a QDRO?
How do I obtain a QDRO?

 

What is a QDRO?

A Qualified Domestic Relations Order (QDRO) is used to allow payment from a retirement plan to a former spouse for family law purposes (ie. alimony, child support or property division.

How do I obtain a QDRO?

The first step is to have a Domestic Relations Order (DRO) prepared and signed by a judge. The DRO will identify the parties and instruct the retirement plan as to how much to pay to the employee's spouse. Once signed by a judge, the DRO is submitted to the plan administrator for qualification. The plan administrator can approve or qualify the plan, making it a QDRO, and make the payment as ordered by the court or the plan administrator may deny qualification and a new order that meets the plan administrator's requirements must be prepared.

What is the cost to me?

Actuarial Consulting Services charges a flat fee of 

 

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