Qualified Domestic Relations Orders (QDRO) are related to retirement plans. A QDRO is a court-ordered document that instructs a retirement plan’s administrator on how to allocate funds to a non-participating spouse. The process involves collaborating with an expert who drafts the QDRO after receiving the necessary information from the participant’s spouse. It is important to review the document for accuracy and get potential pre-approval from the retirement plan.
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