Qualified Domestic Relations Orders
Longmont Divorce Lawyers Protect Retirement Benefit Rights
It may be necessary to divide a portion of a retirement account between
spouses in a divorce, dissolution, or legal separation. This is commonly
accomplished with a Qualified Domestic Relations Order (QDRO). QDRO is
an order signed by the court and approved by a plan administrator of the
retirement account, that enables a former couple to transfer funds from
the retirement account of one party into an account established on behalf
of the other party. The party receiving funds in that transfer can then
do with them whatever the plan participant could do. The party receiving
the funds may also roll the funds over into another account.
At Jorgensen, Brownell & Pepin, P.C., our seasoned family law lawyers
serve clients throughout
Broomfield, and the surrounding areas of Colorado. We fight aggressively to protect
the rights and interests of our clients and for positive resolutions that
protect their benefits!