What Is A Qdro How Divorce Affects Retirement
What is a QDRO? If you have a retirement account, and you’re facing a divorce, you may become quite familiar with this acronym, which stands for Qualified Domestic Relations Order. A QDRO is a court order that allows an alternate payee – a spouse, an ex-spouse, a child, or some other dependent – to collect money from a retirement account. This may be needed for spousal or child support, for example....