The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/one-strategy-for-multiple-ira-or-roth-accounts-11765841.aspx

Subject:  Re: Opening multiple IRA accounts Date:  1/7/2000  12:15 AM
Author:  mattpam Number:  17471 of 88775

One strategy for multiple IRA or Roth accounts that seems acceptable to brokers, is where you have several
beneficiaries with different life expectancies. This
can simplify estate planning as each beneficiary has
certain options after decease and can make individual
decisions based on their own financial status. If I am
not mistaken, in a single IRA with multiple beneficiaries the life expectency of the oldest (ie. shortest expectancy) is applied to ALL beneficiaries!
If I am just an OLD FOOL and got it wrong, will a TMF
please shine the light. - - Matthew

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us