QUALIFIED DOMESTIC RELATIONS ORDER (QDRO):
01.Core Concepts
TAXATION OF DISTRIBUTIONS • Distributi on deposited into recipient’s IRA or qualified plan is not taxable to recipient. • Distribution not deposited into an IRA or qualified plan. • Is taxable to recipient (except children) as ordinary income and • Is not subject to a 10% early withdrawal penalty • Distribution to child or dependent is taxable to the plan participant.