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URL:  http://boards.fool.com/what-happens-to-an-ira-if-theres-no-named-30608488.aspx

Subject:  Re: Inherited IRA Q Date:  3/26/2013  11:18 PM
Author:  0x6a74 Number:  118172 of 120819

what happens to an IRA if there's no named beneficiary ?

It goes to the estate of the owner, and then to whomever is specified in the will.

The downside is that it is no longer an inherited IRA and must be withdrawn in full within 5 years.



thx
.... would that make it taxed as ordinary income
instead of 'estate' taxed?
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