Save time with our cheat sheets, fact sheets, checklists & books!

February 16, 2009


Your Guide



The party who will receive the remaining principal of a trust, when the principal beneficiary dies .

For example: A’s trust is designed to pass assets to S for life. After S’s death, the assets are passed to A’s children. The children are the remaindermen ( or remainder beneficiaries)

Referring Cite

§ 1.664-3(a)(6)(ii).

Additional Helpful Information

If a trust is named as a beneficiary of a retirement account, a list of all of the beneficiaries of the trust (including contingent and remaindermen beneficiaries with a description of the conditions on their entitlement sufficient to establish that the spouse is the sole beneficiary) is one of the documentation that must be provided to the plan administrator , trustee or IRA custodian – in order for the trust to be a qualified trust,


Keep Learning

Domestic abuse distribution

A domestic abuse distribution is one that is made to domestic abuse victim, during the 1-year period beginning on any date on which the individual

Eligible retirement plan

The term “eligible retirement plan”, means a retirement plan to which a rollover contribution can be made. These are: (i)an individual retirement account described in

Qualified See-Through Trust beneficiary

Definition A qualified trust beneficiary is a trust that satisfies the requirements so as to be treated as a designated beneficiary.   For retirement accounts inherited

Saver’s Credit

Definition Also known as the Saver’s Tax Credit: Nonrefundable tax credit available to eligible individuals who make contributions to their retirement account. The saver’s credit

Be among the first to know when

IRA Rules