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February 22, 2020

Eligible Designated Beneficiary

Your Guide


Eligible Designated Beneficiary

A designated beneficiary who meets an exception to be classified as an eligible designated beneficiary

An eligible designated beneficiary is a designated beneficiary who, at the time of the IRA owner or plan participant’s death,  is :

A. the surviving spouse of the IRA owner or plan participant,

B. a child of the IRA owner or plan participant who has not reached the age of 21 . Once the child reaches age 21, that child becomes a regular designated beneficiary,

C. disabled.

D. chronically ill, or

E. not described in any of the preceding requirements, who is not more than 10 years younger than the IRA owner or plan participant

Written By

Denise Appleby

Denise is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA resources for financial/ tax/legal professionals. She has over 20 years of experience in the retirement plans field, which includes training and technical consultation.

Denise writes and publishes educational /marketing tools for advisors; available at Denise co-authored several books on IRAs

Denise is a graduate of The John Marshall Law School, where she obtained a Masters of Jurisprudence in Employee Benefits, and has earned 5 professional retirement designations.
She has appeared on numerous media programs, sharing her insights on retirement tax laws.


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