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Retirement plans (continued)

Retirement assets (continued)

• Debt relief order (DRO), qualified domestic relations order
(QDRO), qualified court order (QCO), and military order (MO)

– These are court orders to divide pensions

– Following IRS guidelines might make the division a nontaxable event

– Other types of retirement assets
– Standard qualified plans can be divided by a QDRO — for example, IRAs and simplified
employee pensions (SEPs)

– Nonqualified plans can’t be divided by a QDRO — for example, certain annuities

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