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Divorce And Your 401(k). How is it split up? What is a QDRO?

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welcome back to the channel guys this is

jason certified financial planner and

host of fighting words financial

today i wanted to talk about a subject

that nobody wants to talk about and that

is divorce

i want to talk to you specifically about

divorce and your retirement plans

so one of the first things you need to

know about your 401k or your 403b 457

plan etc when you go through a divorce

is you can't just pull out money

yourself on a whim

to satisfy that divorce settlement a

judge has to sign off on something

called a qualified domestic relations

order

that order confirms each spouse's right

to a portion of the money and it's

actually going to have specific numbers

mentioned in it so this order is very