This Video Comes with a Warning. Do Not Try This at Home! (video)

This video explains the importance of a Qualified Domestic Relations Order (QDRO) when dividing retirement plans in a divorce. Pensions and 401(k) plans are “qualified” plans, which means a QDRO is required for the nonparticipating spouse to receive their portion. A QDRO is an instruction for a plan administrator on how to allocate funds to the nonparticipating spouse.  Emphasizing the complexity of these legal documents, couples are advised to not try drafting a QDRO without professional help.