
Retirement plan spousal beneficiary designations – IRS ends automatic revocations on legal separation
$225.00
Description
Abstract: Plan sponsors have to deal with change of beneficiary forms many times. In some cases, those changes are made because the participant is either legally separated or divorced. And for plans that have automatic revocation provisions, the IRS has clarified that these provisions can’t be triggered by legal separation. This article explains the IRS’s position.
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