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A qualified domestic relations order (or QDRO, pronounced "cue-dro" or "qua-dro"), is a judicial order in the United States, entered as part of a property division in a divorce or legal separation that splits a retirement plan or pension plan by recognizing joint marital ownership interests in the plan, specifically the former spouse's interest in that spouse's share of the asset.
That can mean new jobs or resolutions to improve your lifestyle. ... one spouse may have to give some of their retirement savings to their ex under a Qualified Domestic Relations Order (QDRO ...
Alternatively, you can use a qualified domestic relations order to withdraw the funds without paying the 10% early distribution tax, but you will pay income tax on the withdrawal. 6) Capital Gains ...
A "qualified domestic relations order" (QDRO) assigns to an alternate payee the right to receive all or a portion of a participant’s retirement plan benefits. The order must include certain information and meet other requirements. [85]
Domestic relations. Funds can be withdrawn for a qualified domestic relations order, which is a requirement to pay alimony, child support or marital property rights. Emergency personal expense.
The U.S. federal estate and gift tax marital deduction is only available if the surviving spouse is a U.S. citizen. For a surviving spouse who is not a U.S. citizen, a bequest through a Qualified Domestic Trust defers estate tax until the principal is distributed by the trustee, a U.S. citizen or corporation who also withholds the estate tax.
Qualified domestic relations order (QDRO), a judicial order in the United States; KQDR, a radio station, station QDR in region K; All pages with titles beginning with ...
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.