Qualified domestic relations order (QDRO)

Qualified domestic relations order (QDRO),

Definition of Qualified domestic relations order (QDRO):

  1. This document represents a decision enforced by a court that allows divorced spouses to be recipients of dividends from pension plans and stock investments.

  2. The QDRO generally grants the spouse 50% of the value that the account accumulated during the marriage.

  3. A qualified domestic relations order is a legal document, typically found in a divorce agreement, that recognizes that a former spouse is entitled to receive a predefined portion of the other spouse's individual retirement plan assets.

Meaning of Qualified domestic relations order (QDRO) & Qualified domestic relations order (QDRO) Definition