Ask Experts Questions for FREE Help !
Ask
    twedding36's Avatar
    twedding36 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 14, 2008, 08:43 AM
    Is a QDRO exceptable in a divorce settlement?
    I was married about 2 years and according to my separation agreement was suppose to get $22500 as a settlement. My husband is requesting a QDRO to pay this settlement. This is not for my retirement, the settlement is for furniture and home equity and credit card debt that my husband was responsible for. I understand that there will be penalties and taxes due for this money. Is this what the QDRO is designed to do?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Apr 14, 2008, 08:56 AM
    Quote Originally Posted by twedding36
    I was married about 2 years and according to my separation agreement was suppose to get $22500 as a settlement. My husband is requesting a QDRO to pay this settlement. This is not for my retirement, the settlement is for furniture and home equity and credit card debt that my husband was responsible for. I understand that there will be penalties and taxes due for this money. Is this what the QDRO is designed to do?

    I answered on your other thread -
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Divorce Settlement [ 1 Answers ]

It will be one year this month November 2007, that I was granted a divorce from my ex husband, and in that divorce I was awarded 25% of his Gain Sharing. I have not received anything from the company yet. I have tried and tried to get somewhere with it, but no luck. I just keep getting the same...

Property settlement in divorce [ 1 Answers ]

My soon to be ex-husband wants his name of our house and my car, his name is first how do I do this?

Settlement in divorce [ 1 Answers ]

Can anyone tell me what are the rights entitled to each spouse at the time of divorce? Both are working and have shared in financial front. The husband a bit more than the wife. So will he be entitled to take the bigger share of the savings? Can the wife claim for an equal share? Who will have to...

1099R on divorce settlement [ 2 Answers ]

A friend of mine received half of her husband's 401k in a lump sum divorce settlement. I know this is not supposed to be included in gross income and shouldn't be taxed. SHe received a 1099R with gross amount and taxable amunt the same and federal taxes withheld. She is panicing about how to...

View more questions Search