Estate Beneficiary of IRA: IRS Allows Transfers to Inherited IRAs for Beneficiaries of Estate
“ In private letter ruling (PLR) 201208039, the estate of the deceased IRA owner was the named beneficiary of the IRA. However, the IRS ruled
Strategies for required minimum distributions, rollovers, and transfers for beneficiaries of IRAs and employer-sponsored retirement plans.
“ In private letter ruling (PLR) 201208039, the estate of the deceased IRA owner was the named beneficiary of the IRA. However, the IRS ruled
“ The IRS has issued the applicable federal rate (AFR) for October. Among other things, these rates are uses to calculate substantially equal period payments
The treat-as-own option , which applies only to a spouse who is the sole primary beneficiary, allows for the transfer of the inherited IRA balance to the
Generally, if a trust is the beneficiary of a retirement account, the retirement account is treated as not having a designated beneficiary. When a retirement
Definition The (usually) written consent provided by the spouse of a retirement account owner, for the retirement account owner to take certain actions with his
Definition A party who is treated as the beneficiary of a retirement account under the default provisions of the retirement plan document. A beneficiary is
Definition A party who is treated as the beneficiary of a retirement account under the default provisions of the retirement account plan document. A de facto
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