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Minding Your Qs And Exes: Handling QDROs, QMCSOs And Other Benefits Issues When An Employee Divorces

Lorman Education Services

May 7, 2019
Recorded Online
Webcast

Learn an overview of the most common employee benefits issues that arise when an employee divorces.

Not only will a divorce impact an employee’s house, cars, investments, and bank accounts, but it will also impact an employee’s benefits. In an already emotional situation, employers and benefit administrators are frequently placed in the middle of heated disputes with respect to an employee’s benefits, which are typically an employee’s greatest unlevered asset. If an ERISA plan assigns benefits in violation of the Internal Revenue Code, the plan could be disqualified. If an employer or plan administrator assigns benefits in violation of the plan or ERISA, a cause of action against the plan and/or employer may exist.

This topic will assist the employers and benefit administrators in navigating through the obstacles associated with dividing employee benefits. You will be provided practical guidance in reviewing and complying with QDROs, DROs, and QMCSOs and with the tools necessary to identify and address potential complications that may arise when an employee divorces.

Learning Objectives:

  • You will be able to review a QDRO, DRO, and QMCSO for legal sufficiency.
  • You will be able to recognize common errors when handling employee benefits when an employee divorces.
  • You will be able to identify common issues that arise with respect to employee benefits when an employee divorces.
  • You will be able to explain to how a divorce impacts employee benefits.

Faculty: Renee Lieux, McNees Wallace & Nurick LLC

More Information, How to Register

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