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Who’s Responsibility Is It To Submit A Qdro After A Divorce?

| Mar 24, 2016 | Uncategorized

Q: I have been divorced over a year. I have a QDRO signed by the judge and entered with the court giving my ex a share of my 457 account. My ex and her attorney have not submitted the QDRO to my 457 plan yet. Am I responsible to submit the 457 to my plan? The QDRO in regards to my pension was submitted by her lawyer, and vice versa with my lawyer in regards to her pension, but nothing with my 457. Who’s responsible to submit the QDRO to my 457 plan?

A: David’s Answer: You may wish to double-check the language in your settlement agreement and/or the judgment for this directive. Usually, you are required to give her a specified amount or percentage & the QDRO is just an execution device to accomplish you giving her the share of the 457. Schedule a consult with a Rockland/Westchester Divorce attorney for a full assessment.

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