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Home » Qualified Domestic Relations Order - Qdro

Definition Of Qualified Domestic Relations Order - Qdro:


What Does Qualified Domestic Relations Order - QDRO Mean?A type of court order typically found in a divorce agreement thatrecognizes that the ex-spouse is entitled to receive a predefined portion of the individual'sretirement plan.
In most cases, the qualified domestic relations order (QDRO) allots 50% of the value of the assetsgainedfrom the beginning of the marriage to thetime of the divorce to the ex-spouse. When the distribution goes the ex-spouse, the ex-spouse becomes responsible for any taxes incurred when the money is distributed. However, if the individual does not receive a QDRO anddecides todistribute theretirement-planassets to his or her ex-spouse, the individual will still be responsible for thetaxes on the ex-spouse's portion of the money, even though he or she no longer possesses it.

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