Understanding fees related to a QDRO
On behalf of Stange Law Firm, PC posted in divorce on Wednesday, January 25, 2017. Missouri residents may have heard of a qualified domestic relations order. A QDRO is what allows assets in certain retirement plans to be transferred without penalty. However, companies such as Vanguard or Fidelity may charge a QDRO fee of up to $1,200 or more. This is in addition to any fees that a lawyer may charge to prepare and process the order. These fees have been described by some as a way for plan sponsors to enhance their profit margins. While some think that these