When awarding a taxable retirement plan in divorce, a tax discount is often also awarded to take into account future tax consequences, effectively awarding the party marital money to pay future taxes. In practice, this is often done by applying a tax rate to the division date plan value. This webinar explores an alternative approach that addresses the mismatch between when the tax money is received by the party and when the tax liability is actually incurred. Learn how to use the Point in Time formula to estimate a tax discount, a practical and easy to use tool in your quest to provide equitable outcomes.
Speaker: Steven Sutherland, CPA, CFP®, CFE, CDFA® of Financial Insights LLC
Participants who watch the webinar for at least 50 minutes and complete a brief quiz will receive 1 hour of CDFA® CE credit which will automatically be placed in your member account.
- Teacher: Julian Terry