A qualified domestic relations order, or QDRO, is a special court order that grants a person a right to a portion of the retirement benefits his or her former spouse has earned. Advisors need to know about this.
Brian O'Connell is a former Wall Street bond trader and author of the best-selling books, such as The 401k Millionaire. He's a regular contributor to major media business platforms. He resides in Doylestown, Pa. Brian may be reached at [email protected]