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Qualified Domestic Relations Order

Example

For example, a company that implements Qualified Domestic Relations Order strategies, like The divorce settlement included a QDRO., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.

Definition

A legal order following a divorce or legal separation that splits and changes ownership of a retirement plan to give the divorced spouse their share. This term is crucial in the Qualified Domestic Relations Order context as it helps businesses understand how to Qualified Domestic Relations Order in their operations, making it highly relevant for industries looking to optimize Qualified Domestic Relations Order processes.

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Disclaimer: The terms and definitions provided in this business dictionary are for informational purposes only. While every effort has been made to ensure accuracy, the content may not be exhaustive and may not be applicable to all business situations. Readers should seek professional advice before making business, legal, or financial decisions based on the information provided. The authors and publishers are not responsible for any errors, omissions, or outcomes related to the use of this dictionary.

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