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Family Law

: Oklahoma Family Law Blog

What is a QDRO?

By Dan Nunley

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A Qualified Domestic Relations Order (QDRO) is a court order which allows payouts from a retirement plan to a former spouse. The QDRO is necessary when dividing a retirement account pursuant to divorce proceedings due to the restrictions placed on pensions by Internal Revenue Code and Employee Retirement Income Security Act (ERISA). A QDRO is necessary to assure that a former spouse may receive benefits as an alternate payee, because without it the benefits may only be paid out to the individual employee who earned the benefits.

Full post as published by Oklahoma Family Law Blog on November 26, 2008 (boomark / email).

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