Greetings, Bluff, and welcome. You wrote:<<Each of my two sons will inherit a conduit IRA from their grandmother. The IRA is now worth about $45,000 and consists primarily of a government bond fund (about $40,000) and one stock (Texaco). As I understand how this works, each will be required to take a minimum annual distribution over a five year period.Given the 5 year timeframe for this account, I'd appreciate any advice whether it's worth reinvesting in some sort of MI screen, leave as is, or whatever. Would it be better to withdraw the entire account in one lump sum and open a regular investment account for them?>>I'll leave the investments to you. Just understand that as the money comes out of the IRA, your sons will be taxed at ordinary income tax rates on the amount they receive. Therefore, if you elect to take that money in one year, then in that year they will be taxed on that sum. If that has no impact on their marginal income tax bracket in that year, then there's nothing to really preclude you from taking that approach.Regards..Pixy
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