Qualified domestic relations order

Definition
: an order, decree, or judgment that satisfies the criteria set out in section 414 of the Internal Revenue Code for the payment of all or part of individual pension, profit sharing, or retirement benefits usu. to a divorcing spouse (as for alimony or child support)
The alienation or assignment of funds under a qualified domestic relations order does not affect the tax status of the plan from which such funds are paid.



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Based on Merriam-Webster's Dictionary of Law ©2001.
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slight negligence

failure to exercise the great degree of care typical of an extraordinarily prudent person


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