I have been trying to fund Roth IRAs for the benefit of my two children, hoping to create a supplemental retirement income source for them. I am hoping that they will select the periodic withdrawal method rather than the 5 year option. Alas, if they can withdraw more than the annual minimum required disbursement the lifetime retirement legacy may not work.Sounds to me like you are trying to set controls on the money you plan to leave to your children, even after you die. The way to do this is not by using beneficiary accounts - it's by setting up trusts with distribution rules. If you are that concerned about how your children are going to spend the money that you leave them, you need to get yourself to an estate planning specialist.AJ
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