It’s funny in a sense that the people who should be most experienced with Qualified Domestic Relations Orders (QDROs), many divorce attorneys, don’t seem to know how to draft a QDRO. They try to seek ...
For example, if the husband is younger than 59½, he will pay a 10% penalty and income tax on any distributions he decides to take from his 401 (k). Another wrinkle with 401 (k)s is that there is a ...
Most plan administrators are familiar with a qualified domestic relations order or “QDRO,” which is used to split retirement plan benefits between a plan participant and an alternate payee, such as an ...