QDRO: Not Just for Divorce Anymore


Transferring an ERISA account, like a 401(ok), from one partner to a different can have substantial tax advantages, by delaying Required Minimal Distributions or avoiding early withdrawal penalties. Nevertheless, one can’t merely switch an account from one partner to a different below most circumstances with out triggering hostile tax penalties. A Certified Home Relations Order or “QDRO” avoids these hostile penalties. Whereas a QDRO is mostly utilized in a divorce context, divorce shouldn’t be a requirement. Learn on to be taught extra.

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