My wifes STRS plan has been professionally evaluated in Ohio, My question is, How and when would I receive my payout ?
Divorce is the process of formally ending a marriage. Divorces may be jointly agreed upon, resolved by negotiation, or decided in court.
If one spouse in a divorce has a retirement plan, it may be split between the parties. How the plan is split depends on its type and value.
Written by attorney Graham Norris
A Qualified Domestic Relations Order (QDRO) is a special court order that is used to instruct a plan administrator to pay funds to an ex-spouse, after those funds have been split by a... more