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Why is a QDRO used during divorce?

Monday, August 4th, 2014 and is filed under

Why is a QDRO used during divorce?

A QDRO (“Quadro”) is the legal document that instructs a retirement plan custodian or administrator to divide the assets in the account per the terms of your settlement agreement. Some examples would be dividing the current balance of an IRA, 401k money, or future income from a pension plan.

For more see Get to Know QDRO – Qualified Domestic Relations Order

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