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Matthew writes:

<<One strategy for multiple IRA or Roth accounts that seems acceptable to brokers, is where you have several
beneficiaries with different life expectancies. This
can simplify estate planning as each beneficiary has
certain options after decease and can make individual
decisions based on their own financial status. If I am
not mistaken, in a single IRA with multiple beneficiaries the life expectency of the oldest (ie. shortest expectancy) is applied to ALL beneficiaries!
If I am just an OLD FOOL and got it wrong, will a TMF
please shine the light.>>

You are not mistaken at all. If there are multiple beneficiaries to the same IRA, then the life expectancy of the eldest is the one applied for mandatory distribution purposes. That's why I hold multiple IRAs myself, so each has but one beneficiary.

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