What Is an Alternate Payee in a Texas QDRO?
Understanding the Non-Employee Spouse’s Role in a Texas Retirement Division Key Takeaways: An alternate payee is the person, other than the plan participant, legally entitled to receive retirement benefits under a court-ordered division, typically the non-employee spouse. In Texas divorce, a Qualified Domestic Relations Order (QDRO) grants this payee legal status to receive benefits directly […]