While there is no statute of limitations on when a QDRO can be filed, if the QDRO is NOT done before the participant’s death or retirement, then the non-participant spouse may not receive any funds from the retirement plan.
You must do a separate QDRO for each plan. Each retirement plan is governed by different rules depending on the plan type (i.e. 401(k), Pension Plan, 403(b)). Each QDRO must be tailored to the requirements of each plan. There is no “one size fits all” QDRO.
© Copyright 2021. QDROCounsel.com