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Using QDRO Money from a Divorce to Pay for a New HomeA qualified domestic relations order (QDRO) is a court order that divides the assets that are in certain retirement plans, including 403(b)s and 401(k)s. Before using the money to buy a house ...
This document decrees the division of retirement funds in a divorce Reviewed by Pamela Rodriguez Fact checked by Vikki ...
There’s an important financial matter, often left to the end, that if not handled correctly can mean that finalized divorce agreement may not be in your best interest when it comes to retirement ...
There are two ways to divide plan assets using a QDRO. The first awards a separate interest in the account balance. The second allows a divorcing spouse to share in the payment of the benefits.
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