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What Should I Know About Dividing Retirement Accounts (QDRO) During Mediation? - Ryan Besinque
From The Law Office of Ryan Besinque - What Should I Know About Dividing Retirement Accounts (QDRO) During Mediation? looks at how spouses in New York can negotiate the division of retirement accounts through mediation and what it takes to make that agreement enforceable. Employer plans such as 401(k)s and pensions generally require a court-approved Qualified Domestic Relations Order that the plan administrator accepts before benefits can be paid to a former spouse, while IRAs follow a different transfer process and government plans operate under their own rules. Only the marital portion of a…
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