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Term Definition
Domestic Relations Order (DRO)
- a court order used to allocate the interests of divorced people in nonqualified pensions, usually state and municipal, as compared to private retirement accounts, such as 401(k)s.
Application in Divorce
The term qualified means that the
ERISA
, which is the federal law dealing with pension benefits.
Compare
Qualified Domestic Relations Order (QDRO)
.
See also ERISA.
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