Legal Definition

A QDRO is a domestic relations order, recognized under ERISA and the Internal Revenue Code (26 U.S.C. §414(p)), that creates or recognizes an alternate payee's right to receive all or part of a participant's benefits under a qualified retirement plan; in Florida it implements the equitable distribution of retirement assets under F.S. §61.075 and §61.076.

Example

After the divorce was final, their attorney prepared a QDRO to transfer half the marital portion of his 401(k) to her.

Related Statutes

  • 61.075
  • 61.076

Related Terms

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