This webinar will discuss how to divide an IRA income tax-free in a divorce under Section 408(d)(6) of the Internal Revenue Code and the hidden issues often undiscussed around this process. The presenter will also cover the unique rules involved in dividing qualified plan benefits in a divorce, the tax ramifications to the participant, and the “alternate payee.” The session also covers the concept of a qualified domestic relations order and the conflicting rules for IRAs and qualified plans when a participant neglects to change a beneficiary after a divorce.
Learning objectives:
BNY Mellon Wealth Management
Senior Vice President
[email protected]
(617) 420-7328
Jere Doyle is an estate planning strategist for BNY Mellon Wealth Management and a senior vice president of BNY Mellon. He has been with the firm since 1981. Jere provides wealthy individuals and families throughout the country with integrated wealth management advice on holding, managing, and transferring their wealth in a tax-efficient manner.
Jere is admitted to practice law in the Commonwealth of Massachusetts and before the United States District Court, United States Court of Appeals (First Circuit), and the United States Tax Court. He formerly served as a member of the Massachusetts Joint Bar Committee on Judicial Appointments. He is the editor and co-author of Preparing Fiduciary Income Tax Returns, a contributing author of Preparing Estate Tax Returns, a contributing author of Understanding and Using Trusts, and a contributing author of Drafting Irrevocable Trusts in Massachusetts, all published by Massachusetts Continuing Legal Education. Jere is also a reviewing editor of the 1041 Deskbook published by Practitioner's Publishing Company. Jere is a lecturer in law in the Graduate Tax Program at Boston University School of Law.