If your going through a divorce you might be wondering how to protect your retirement account. Your retirement is a huge asset that, during a divorce, must be shared fairly between the spouses. However, there are massive tax consequences you could be subject to if you withdraw money from this account. There is a solution. A QDRO, qualified domestic relations order, is a federally recognized order that allows us to take money from one retirement account and put it in another retirement account without any tax penalty. And, if you are the party receiving funds from your ex-spouse’s retirement account, we need to make sure there is enough money in that QDRO to cover any tax penalty you may face should you choose to withdraw that money.

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