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Subject:  Re: Pub 590 Beneficiary Question Date:  6/13/2013  11:32 PM
Author:  TMFPMarti Number:  118678 of 127753

I have named my son "John", an individual, as my IRAs' beneficiary.

What rule determines if John may be required to take the entire account by the end of the fifth year following the year of my death (as opposed to using Appendix C, Table I Single Life Expectancy)?

None, unless John elects to use the 5 year rule. Such an election is usually based on failing to take earlier required distributions.

The conditions requiring an individual to use the 5 year rule are arcane (at best) and don't apply to John.

In no case are the rules based on custodian rules.

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