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Oklahoma Teachers Retirement System MARITAL PROPERTY VALUATION 401(a) Defined Benefit Account Member s Name Member s SS# or Client ID# This valuation is provided as information only. A Qualified Domestic
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What is qualified domestic order?
A qualified domestic order (QDRO) is a legal order that determines how retirement plan benefits should be divided between divorcing spouses or separated individuals.
Who is required to file qualified domestic order?
The person who is responsible for administering the retirement plan, typically the plan administrator, is required to file a qualified domestic order.
How to fill out qualified domestic order?
To fill out a qualified domestic order, you need to provide specific details about the retirement plan, the participant and alternate payee information, and the division of benefits in accordance with the divorce or separation agreement.
What is the purpose of qualified domestic order?
The purpose of a qualified domestic order is to ensure that retirement plan benefits are fairly and equitably distributed between divorcing spouses or separated individuals.
What information must be reported on qualified domestic order?
A qualified domestic order must include information regarding the retirement plan, participant and alternate payee information, details of the division of benefits, and any other relevant details specified by the plan administrator or applicable laws.
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