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What happens when dividing retirement accounts in divorce

A qualified domestic relations order is a type of court order that a couple in Texas might need if they are dividing a retirement account in a divorce. A QDRO allows distributions from a 401(k) or a pension plan without penalties or taxes. It is not necessary with an IRA, but there may be other regulations. For example, a distribution from an IRA should be rolled into another IRA.

Law Office of B. Diane Heindel, P.C.
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Law Office of B. Diane Heindel, P.C.