Jacksonville and St. Augustine Retirement Benefits Division Lawyer
A qualified domestic relations order, or QDRO, is an order, decree or judgment that establishes the right of the former spouse to receive all or part of the benefits in an employee's pension, retirement, 401(k) or other type of employee benefit plan, as well as IRA's. Our Jacksonville QDRO attorney can ensure the provisions of the QDRO are drafted properly and in your best interests. Our attorney covers all issues in the settlement agreement, providing for an efficient divorce process.
The law office of Beth M. Terry, P.A., delivers aggressive legal services our clients need. If you need assistance with pension division and entering a QDRO, we can help. We will advise you of all factors to consider regarding the division of retirement plans, and will provide a streamlined process to enter and implement the necessary QDROs in your case.
QDROs and Military Divorce
Our St. Augustine retirement benefits division attorney frequently represents military personnel and spouses of military personnel. In a military divorce, asset and debt division can be complex. To ensure your QDRO is entered error free and accepted by Defense and Finance Accounting Service (DFAS), you need an attorney with extensive knowledge of specific rules involved in the order. For example, when handling military retirement benefits and thrift savings accounts during property division, it will be necessary to consider:
- Classification
- Calculation of service periods
- Rank
- Years of marriage
- Survivor benefits protection
Civil government employees' retirement benefits, FERS or CSRA, can also be divided pursuant to a divorce via QDRO. The United States Office of Personnel Management (OPM) is the federal agency that administers civil employee benefits. The OPM will accept or reject your QDRO. Our law firm can ensure the QDRO is drafted clearly and accurately.
A QDRO is required by most retirement plan administrators before a transfer or payment of benefits is made, although the final judgment or divorce decree provides for such payment.
Beth Terry is well-versed in all types of QDROs. In addition to military retirement benefits, she handles civil service pensions, railroad retirement pensions, state and city pensions, as well as private pension plans, 401(k), profit sharing and similar type retirement plans, and individual retirement accounts (IRAs).
Attorney Beth M. Terry brings assertive, zealous representation to your pension division and QDRO. To schedule your confidential consultation at our Jacksonville, Florida, law firm, call us locally at 904-638-8961 or toll free at 866-726-4608. You may also contact us online.
