Practice Areas
What is QDRO?
Purpose of QDRO?
A Qualified Domestic Relations Order (QDRO) is a legal order that is part of a divorce or legal separation agreement. It recognizes the right of an alternate payee, such as a spouse, former spouse, child, or other dependents, to receive a portion of the benefits from a participant’s retirement plan.
P rimary purpose of a QDRO is to divide retirement assets fairly during a divorce or legal separation. Retirement plans are often among the most significant marital assets, and a QDRO ensures that these assets are distributed according to the court’s decision, complying with federal laws like the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code.
Our Practice Areas
Private Employer Pensions and 401ks
Qualified Domestic Relations Orders
Government Pensions
CSRS, FERS, RRB, and Savings TSP, Domestic Relations Orders, Survivor Benefits
Military Retired Pay
Military Retired Pay Division Orders Survivor Benefits
Complex Asset Issues
Stock Options, Restricted Stock Units, Annuities, HSAs and Employment Benefits, Survivor Benefits
Private Employer Pensions and 401ks
Retirement Plans often are the single most valuable asset in a dissolution case. A Qualified Domestic Relations Order (“QDRO”) is a court order that directs a tax- and penalty-free transfer of retirement funds for property division. QDROs also can be used to collect spousal maintenance and child support.
Retirement Plans include 401k, 457, 401 and other accounts, as well as Pension Plans.
Securing a QDRO at the right time in your dissolution case is necessary to protect your interests in the Plan, as well as securing important benefits such as survivor benefits.
Popp Law Firm, PLC has assisted hundreds of clients to navigate the process of QDRO drafting and processing to secure court-awarded benefits. If you have questions about retirement plan division and QDROs, contact us at Popp Law Firm, PLC to schedule a consultation.
Government Pensions
The division of Government-employer retirement plans involves tailoring the Court Order to the specific requirements of each plan. Federal retirement plans included Civil Service Retirement System (CSRS) Federal Employees’ Retirement System (FERS), Railroad Retirement, Thrift Savings Plan (TSP) and others.
Arizona State employees may have pension benefits in the Arizona State Retirement System, Public Safety Personnel Retirement System, Correctional Officers’ Retirement Plan, as well as State-sponsored savings plans such as 457(b), 401(a), and 401k.
Securing a retirement division order at the right time in your dissolution case is necessary to protect your interests in the Plan, as well as securing important benefits such as survivor benefits.
Popp Law Firm, PLC has assisted hundreds of clients to navigate the process of State retirement division Order drafting and processing to secure court-awarded benefits. If you have questions about Government retirement plan division, contact us at Popp Law Firm, PLC to schedule a consultation.
Military Retired Pay
The division of Military Retired Pay is described separately from other Federal retirement plans due to its complexity. Military retired pay is divisible under various statutory frameworks (in Title 10 United States Code), depending on the dates of military services, as well as the type of service- active duty or reserve.
Securing a military retirement division order at the right time in your dissolution case is necessary to protect your interests in the Plan, as well as securing important benefits such as Survivor Benefit Plan benefits.
Popp Law Firm, PLC has assisted hundreds of clients to navigate the process of Military Retired Pay Division Order drafting and processing to secure court-awarded benefits. If you have questions about Military Retired Pay and Survivor Benefit Plan division orders, contact us at Popp Law Firm, PLC to schedule a consultation.
Complex Asset Issues
The division of retirement and other employment-related benefits at dissolution presents complex asset division issues. A division may involve several retirement plans including IRAs, as well as Stock Options, Restricted Stock Units, Health Savings Accounts, and other assets.
Popp Law Firm, PLC has assisted hundreds of clients with division of complex assets, including retirement and non-retirement accounts. If you have questions about complex asset division, contact us at Popp Law Firm, PLC to schedule a consultation.
