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| Subject: Re: Inherited TIRA Tracking | Date: 9/19/2012 8:00 AM | |
| Author: inparadise | Number: 116626 of 118626 | |
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Actually, it's more than that. The regulations require specific identification of inherited IRAs, including the names of both the beneficiary and the decedent. Yeah, I did think it strange that the account is actually in Dad's name. We were given the same explanation you gave. I would suppose this is done so that the IRS can track the funds transition from one owner to another. IP hoping the RMD is very small |
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