Division of Retirement Accounts in a Virginia Divorce - Livesay
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Qualified Domestic Relations Orders In order for a court to divide a 401(k) plan or 403(b) plan, a circuit court must enter a Qualified Domestic Relations Order (QDRO). With a QDRO, the court is authorizing an employer to award an ex-spouse his or her share of the other spouse’s retirement account pursuant to a circuit court’s ruling and/or the parties’ separation agreement. As with ...
In order for a court to divide a 401(k) plan or 403(b) plan, a circuit court must enter a Qualified Domestic Relations Order (QDRO). With a QDRO, the court is authorizing an employer to award an ex-spouse his or her share of the other spouse’s retirement account pursuant to a circuit court’s ruling and/or the parties’ separation agreement. As with ...
DA: 64 PA: 86 MOZ Rank: 73 Up or Down: Up