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Why should I get a QDRO now? Why can’t I wait until my former spouse retires or until I need the money?

If you delay in obtaining a QDRO, you may lose valuable rights and run the risk of forfeiting benefits awarded to you in your divorce.  Your rights may be lost if your former spouse does any of the following before your QDRO is submitted to and accepted by the pension Plan:

  • Retires
  • Remarries
  • Dies
  • Quits or is fired
  • Withdraws fund from the Plan before retirement
  • Takes out a loan secured by the Plan account

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While divorce may be common, when you go through it yourself, you still deserve dedicated, personal focus on your rights and unique situation. An experienced qualified domestic relations order lawyer can help you figure out the best way forward, explain the law, and represent you in court if it is ever necessary. Take the first step now and contact a local qualified domestic relations order attorney to discuss your divorce.

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