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Owner reaches 70.5 in 2001; his spouse is 64. The MDIB table is obviously more favorable because she is over 60. He dies sometime before spouse reaches 70.5. Is she allowed to continue payments based upon MDIB for the remainder of her life, or does the single life table kick in at 70.5?

They have 5 children, all currently named equally as contingent beneficiaries. At her death it appears wise to split the remaining IRA assets into 5 equal accounts to take advantage of their ages. My question pertains to the disclaimer option. The IRA is fairly large. Could she disclaim part of the account value in favor of each child and keep sufficient assets for her use? She names the children as beneficiaries of her account which reverts to them at her death. Does the disclaimer have this flexibility, or is it only available for the entire account? Is the disclaimer a gift that uses up part of the unified credit?

Jim Kieffer
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