Domestic Relations Order – DRO

A domestic relations order (DRO) is a court order that gives a spouse or dependent the right to receive all or a portion of the benefits of an employee’s qualified retirement plan in the event of divorce. A DRO is usually sent to a plan administrator or employer for review, and if it meets certain laws, it will result in the plan benefits distributed between the parties involved. The parties involved are normally the employee and their spouse.