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Click ‘Get Form’ to open the T. Rowe Price Domestic Relations Order Distribution Request Form in the editor.
Begin by filling out the 'Domestic Relations Order Information' section. Enter the participant's name, address, telephone number, and Social Security number. Then, provide the alternate payee's details including their name, address, telephone number, and Social Security number.
Specify the affected 403(b) program and indicate the amount due to the alternate payee. You can enter either a dollar amount or a percentage of benefits.
In the 'Determination and Authorization to Pay Benefits' section, check whether you are the plan administrator or participant. Ensure you sign at the end of this section.
Complete the 'Direction to Pay Benefits' by selecting option A or B based on how you want the distribution handled.
Finally, add your signature guarantee if applicable and return the completed form along with a copy of the domestic relations order to T. Rowe Price.
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Is a divorce decree the same as a divorce settlement agreement?
You can think of the marital settlement agreement as the preliminary process required when getting divorced. On the other hand, a divorce decree legally mandates that you are divorced in the eyes of the law.
Is a QDRO separate from a divorce decree?
A QDRO is issued in addition to a marital settlement agreement (MSA) or final judgment granting your divorce. It contains specific directions to the retirement plan administrator regarding how the plan should be divided between the spouses. Its essential that your QDROs are accurate and complete.
How do I change ownership of my T. Rowe Price account?
To submit a change of registration or change of ownership for an existing account, download, complete, and return the Ownership Change Form by mail to T. Rowe Price. In most cases, additional documentation (birth certificate, death certificate, divorce decree) will also be required.
What if my ex never filed a QDRO?
Send your ex an email requesting that she sign the QDRO so that you can document your attempt to obtain her compliance. If the two weeks pass and she does not sign, you can file a Motion for Contempt/ Enforcement of the final judgment / MSA.
What is the difference between a divorce decree and a QDRO?
A Qualified Domestic Relations Order (QDRO), or Domestic Relations Order (DRO) is a court order that is necessary when the division of retirement accounts of one or both spouses are part of the divorce settlement. These orders are separate from the final divorce order.
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Your divorce is final on the day the court signs the divorce decree. You normally will receive it a few days later, since it is sent to your attorney, who will then send you a copy. You are legally divorced as of the date the decree is signed.
Related links
QDRO: Qualified domestic relations order - Retirement Plans
A QDRO is a judgment, decree or order for a retirement plan to pay child support, alimony or marital property rights to a spouse, former spouse, child or other
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