7 Common Mistakes Divorcing Couples Make When Using a QDRO to Divide Assets
Автор: Teach Me! Personal Finance
Загружено: 2023-07-26
Просмотров: 4225
When using a qualified domestic relations order (QDRO) to divide retirement plan assets because of a divorce, both spouses need to make sure this is done properly.
Because there are so many competing priorities for a divorcing couple, creating a proper QDRO can often fall through the cracks. Many times, the lawyers, judge, or plan administrator are so overwhelmed with other cases that they do not take the time to make sure a QDRO fulfills the intent of both spouses. Yet, when this fails, no one feels the burden more than the non-employee spouse. So it's important to recognize potential pitfalls and avoid them.
Here are 7 common mistakes a divorcing couple can make when using a QDRO, and how to avoid them.
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