QUALIFIED DOMESTIC RELATIONS ORDER (QDRO) (1 OF 2)
01.Core Concepts
• An order , judgment, or decree pursuant to state domestic relation laws that details the right of a third party to receive benefits from another individual’s qualified plan. • Child support • Divorce • Cannot mandate a distribution option that is not allowed by the plan document. • Nontaxable distribution if assets are deposited into an IRA or another qualified plan.