Divorce or Legal Separation. If all or any portion of your Account is awarded to a former spouse or spouse pursuant to divorce or legal separation, such portion can be transferred to an Account in the receiving spouse’s name. This transaction can be processed without any tax implications to you provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Code Section 408(d)(6)
Appears in 4 contracts
Samples: Retirement Account Customer Agreement, Roth Ira Custodial Agreement, Ira Custodial Agreement
Divorce or Legal Separation. If all or any portion of your Account is awarded to a former spouse or former spouse pursuant to divorce or legal separation, such portion can be transferred to an Account in the receiving spouse’s name. This transaction can be processed without any tax implications to you you, provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Code Section 408(d)(6)
Appears in 3 contracts
Samples: Retirement Account Customer Agreement, Ira Custodial Agreement, Ira Custodial Agreement
Divorce or Legal Separation. If all or any portion of your Account is awarded to a former spouse or former spouse pursuant to divorce or legal separation, such portion can be transferred to an Account in the receiving spouse’s name. This transaction can be processed without any tax implications to you you, provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Code Section 408(d)(6)) is received and accepted by the Custodian. The Custodian may require other direction from you and the recipient of any portion of your Account.
Appears in 1 contract
Samples: Roth Ira Custodial Agreement
Divorce or Legal Separation. If all or any portion of your Account is awarded to a former spouse or spouse pursuant to divorce or legal separation, such portion can be transferred to an Account in the receiving spouse’s name. This transaction can be processed without any tax implications to you provided a written instrument specifically directing such transfer is executed by a court incident to the divorce or legal separation in accordance with Code Section 408(d)(6)) is received and accepted by the Custodian. The Custodian may require other direction from you and the recipient of any portion of your Account.
Appears in 1 contract
Samples: Roth Ira Custodial Agreement
