Teague v. Teague

The trial court entered a qualified domestic relations order (“QDRO”) to distribute to appellee, former wife, one-half of the husband’s 401 (k) plan with his employer based upon a mediated agreement between the parties. The order directed the inclusion of the value of outstanding loans *940taken out by the former husband in the calculation of the former wife’s share of the account. The husband contends that the court erred in including the loans in calculating the amount to be distributed, because this would result in the wife receiving more than half of the balance and would leave the…