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3020205. E. P Mt Holyoke Asset Allocation.3 Allocation Mentor 7/1/11 1:09 PM Page 1 Take control of your retirement A guide to help you choose an investment portfolio Your future. Made easier. 3020205.
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Qualified Domestic Relations Orders (QDROs) are legal orders authorized by the Internal Revenue Code that divide and distribute retirement plan assets between divorcing spouses or former spouses.
The parties involved in a divorce or legal separation who wish to divide retirement plan assets are required to file qualified domestic relations orders.
To fill out a qualified domestic relations order, you should consult with a legal professional experienced in family law or seek specific guidance from the administrator of the retirement plan.
The purpose of qualified domestic relations orders is to ensure that retirement plan assets are divided and distributed properly and in accordance with the divorce or legal separation settlement.
Qualified domestic relations orders must include information such as the names and contact details of the parties involved, the retirement plan details, the percentage or amount to be allocated, and the payment terms.
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