Qualified Domestic Relations Order (QDRO)

A Qualified Domestic Relations Order (QDRO) is a legal document used in divorce or legal separation that allows a spouse or dependent to receive a portion of the other spouse's retirement benefits. It is necessary for dividing certain types of retirement plans, such as pensions or 401(k) accounts, to ensure that the non-employee spouse gets their fair share as part of the settlement. The QDRO must meet specific requirements set by the plan and federal law to be valid and enforceable, safeguarding both parties’ financial interests during and after the separation process.