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Roderick C. Moe, a Certified Public Accountant in Lake Worth, answers: A QDRO (or Qualified Domestic Relations Order) is the legal document that separates a qualified pension or retirement account (including 401ks) pursuant to a divorce. The judgment of divorce is not sufficient to separate qualified plans: a QDRO is needed. There are many nuances of a QDRO that make it an advocating (versus neutral) document. In order to protect your assets, be sure to obtain qualified advice in this area from a specialist.
Roderick C. Moe is a CPA and Certified Divorce Financial Analyst™ (CDFA) with offices in Lake Worth who has more than 30 years’ experience in tax and accounting for businesses and individuals. View his website and Divorce Magazine profile. |
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