An eligible designated beneficiary is a beneficiary designated as beneficiary of the IRA, by the IRA owner or determined under the IRA agreement and is :
A. the surviving spouse of the IRA owner
B. a child of the IRA owner who has not reached the age of majority, as defined under state law. Once the child reaches the age of majority, that child becomes a regular designated beneficiary, and has 10 years (after reaching the age of majority) to distribute the inherited IRA
C. a designated beneficiary who is disabled- which generally means meeting the social security administration’s definition of disability
D. a chronically ill individual – subject to meeting certain specific requirements, or
E. an individual not described in any of the preceding requirements, who is not more than 10 years younger than the IRA owner.
