retirement






 

Question by  JamesOrly (44)

What is a "quadro" in retirement benefits?

 
+7

Answer by  AEF (519)

A Qualified Domestic Relations Order (QDRO or quadro) is an court order that governs how retirement benefits are to be divided between two people, usually as part of a divorce settlement. The quadro legally recognizes another persons right to share in someone's retirement benefits. If this applies to you, you should speak with your lawyer.

 
+7

Answer by  Chaneygirl (1755)

QDRO = Qualified Domestic Relations Order. This is a distribution in the case of a divorce. The general idea is to make each spouse have equal retirement balances upon divorce.

 
+6

Answer by  mann (6)

This referes to what is called a qualified domestic relations order. It is typically used in a divorce proceeding in relation to one parties pension or retirement account. The quadro establishes the amount of the retirement account that a spouse is entilled to receive. This legal agreement establishes the percentage that each party will recieve and also the tax liability.

 
+5

Answer by  lwat80 (300)

A QUADRO is a qualified domestic relations order. For more specific details on this phrase, type it into a popular search engine. Understanding your retirement benefits is very important while planning your future, so research any unknown terms.

 
+5

Answer by  Ella22 (610)

A Qualified Domestic Relations Order (QDRO) is a court order to split up retirement benefits due to divorce. The object is for each spouse to share equally in the benefits.

 
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