Have a Pension, 401K or IRA plan? You MUST listen to this interview with QDRO Solutions,...

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"Lot’s of times agreements we get are drafted and signed by a judge, and they call for something that can’t be done. It is legally impossible.” - Michael O’Connell, QDRO Solutions   "People will contact us and say 'Well, I’m supposed to get part of my husbands 401k but I don’t know what the name of it is.’ That is very important, to get that form filled out, make sure they know the name of the plan that’s going to get divided, and the company, and the plan administrator, and if they don’t know at all at least give us as much information as they can so that we can research the rest...They send a package to us and we charge a flat fee. “ - Donna Dodds, QDRO Solutions   A retirement plan is often one of the largest assets that you may have during divorce. Unfortunately, also one of the most complicated assets to split. As today’s interview guests said, “Every plan is different, every plan administrator is different.”   What is a QDRO? It stands for Qualified Domestic Relations Order, and it’s one of the most important terms in divorce you’ve probably never heard of. We have some of the foremost QDRO experts in the United States with us on the show. We interview Michael O’Connell and Donna Dodds of QDRO Solutions. They will tell you important information about QDROs, and why you MUST get one if you have a 401K, Pension Plan or other retirement assets in divorce.   For anyone with a retirement plan, this episode is required listening.   To learn more about QDRO Solutions: http://www.qdrosolutions.net/   Thank you for listening to the Divorce and Your Money Show. Visit us at www.divorceandyourmoney.com for 1-on-1 coaching and a full transcript of this episode. If you enjoyed the show, please take a moment to leave a review on iTunes, as it will help other people discover this free advice.