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FAQ - ANSWER

Is a QDRO something I can do myself?

Answer: No, because a QDRO (Qualified Domestic Relations Order) is technical and legal document that is not easy to draw up. If a 401k plan is divided incorrectly, the parties could get hit with a big (unnecessary) tax bill. Be sure to let your attorney draw up the QDRO as part of the divorce settlement.

LEARN EVEN MORE WITH THE ENCYCLOPEDIA OF PERSONAL FINANCE. CLICK HERE!

 


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