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Is a plan required to have procedures for determining whether a domestic relations order is qualified?
Yes. Every retirement plan is required to establish written procedures for determining whether domestic relations orders are QDROs and for administering distributions under QDROs.
Reference: [ERISA § 206(d)(3)(G)(ii); IRC § 414(p)(6)(B)]
Reference: [ERISA § 206(d)(3)(G)(ii); IRC § 414(p)(6)(B)]