Implementing a QDRO for both parties
4
votes
Many clients falsely believe that if a QDRO is ordered in a marital settlement agreement the assets are automatically divided. Also, the recipient of the funds do not know they have to fill out the account paperwork to open an account and that they have choices of how and where to invest the money after the account is re-titled. Recipients also do not know that they have one time, when they receive the money, to take a withdrawal without the 10% IRA early withdrawal penalty.