What is a QDRO & Why Do I Need One in Divorce
What is a QDRO and do I need one to get the 401(k) distribution that was ordered in my uncontested divorce? QRDO stands for qualified domestic relations order. Generally this is an order from the court that lays out the details regarding how the retirement benefit plans should be divided in the event of a contested divorce in Birmingham.
A QDRO can be ordered before the divorce, during the divorce or after the divorce. Generally it is best to get a qualified domestic relations order earlier on in the divorce process because it can be more difficult to divide the funds once the divorce has been finalized for a long period of time. If you fail to include a QDRO in your final divorce decree, then you will have to reopen the divorce in order to put the order in place.
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