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1:24
YouTube
New Leaf Family
What Is a QDRO and Why Does It Matter in Divorce?
If retirement accounts need to be transferred in a divorce, a qualified domestic relations order (QDRO) allows the transfer without triggering early withdrawal penalties. It's also wise to consult a tax attorney or CPA alongside your divorce lawyer to understand the full implications. Book a free case evaluation with New Leaf Family. Call 720 ...
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Worried about losing money to taxes and penalties when splitting retirement accounts in your divorce? You don’t have to. There’s a legal tool called a QDRO that lets you divide retirement funds without triggering taxes or penalties. If your ex is trying to scare you by saying you’ll lose money when the accounts are split, tell him to calm down. And point him to the Divorce Money Guide. Want to learn how to protect every dollar you're entitled to? Comment DMG and I’ll send you the link to the cou
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QDRO= qualified domestic relations order. This divides up retirement accounts in a divorce, but has no impact on your ability to draw spousal Social Security.
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