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QDRO

   Also found in: Financial 0.03 sec.
AcronymDefinition
QDROQualified Domestic Relations Order (US IRS)


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414(p)(1)(A), a QDRO is a domestic relations order that "creates or recognizes the existence of an alternate payee's right to, or assigns to an alternate payee the right to, receive all or a portion of the benefits payable with respect to the participant under a [retirement] plan" To be a QDRO, Sec.
Commissioner held that express tax language in a QDRO is not necessary to shift the tax consequences of a distribution.
A QDRO is the best [way] to transfer ownership because it's a simple document to get the court to sign, and you may be able to get the profits taxed at the lower party's tax rate," he contends.
 
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