2016 Naming a Trust as the IRA Beneficiary
RA trusts should qualify as “See-through” or “Look- through” trusts.
IRAs are Different
IRAs are distributed differently than all other assets both during life and death. Here's Why:
7 things your IRA custodian won't tell you
It is important to know what your IRA custodian will tell you and what they will not or cannot tell you. The I in IRA stands for individual and many times it is up to the individual to know things or keep track of them.
Spousal IRAs What are They and Who Can Contribute to One
Spousal IRAs are designed to allow a working spouse to make IRA contributions for a spouse who does not have enough earned income to make their own IRA contributions.
Why You MUST Check Your IRA (or Plan) Agreements
Most of the time we are telling you how important it is to check IRA beneficiary forms to be sure they reflect your current planning objectives – such as the stretch IRA. It is also important to check the IRA agreement or an employer’s summary plan description (SPD) for the plan.
Why You Should NOT Name Your Estate as IRA Beneficiary
You're allowed to name anyone as the beneficiary of your IRA. You’re also allowed to name a non-person as your IRA beneficiary. Examples of non-persons would include charities, a trust, or your estate. It is generally not a good move to name your estate as your IRA beneficiary.