Qualified Domestic Relations Order; QDRO

Qualified Domestic Relations Order; QDRO
A court order issued under state domestic relations law that relates to the payment of child support or maintenance or to marital property rights. A QDRO creates or recognizes an alternate payee's right, or assigns to an alternate payee the right to receive plan benefits payable to a participant. The alternate payee may be the participant’s spouse, former spouse, or dependant.
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