What is a QDRO?

A QDRO is a technical acronym that stands for “Qualified Domestic Relations Order.” Here at the QDRO Firm PLC, we prepare QDROs and many other similar orders. These orders are generally necessary when two parties are ending a marriage and going through a legal separation, divorce, or annulment, and at least one of them has at least one retirement asset that needs to be divided. While the parties may agree on the necessary parameters for division and a judge may order that the division occur, most plan administrators or custodians will not be able to implement those agreements or orders without a QDRO or similar document prepared to satisfy the legal requirements for such a division to occur. That’s where we come in. We will quickly determine the best course of action and recommend the lowest cost and least hassle method by which to accomplish the necessary division. We will request the account statements from you, work to offset plans as available, interface with plan administrators to obtain pre-approval on drafted orders, file approved orders with the court, and help to finalize orders so that awards can be made as soon as possible.