Thompson posted a news brief last week regarding the upcoming final regulations required by the Pension Protection Act of 2006. The final regulations will be released in April and will clarify that a domestic relations order otherwise meeting the requirements to be a QDRO shall not fail to be treated as a QDRO solely because the order is issued after, or revises, another DRO or QDRO, or because of the time at which it is issued. Specifically anticipated are examples that address post mortem QDROs. There will be further discussion of the statutory requirements of a QDRO which are intended to reduce uncertainty and expedite the QDRO process. The rules will be helpful to everyone involved in the QDRO process — divorcing parties, attorneys who prepare QDROs and plan administrators.
This is on my radar and as soon as the final regulations are released, I will post to this blog with a link. If you follow @qdropro on Twitter, you will receive a tweet when the link is posted.
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