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Subject:  Re: Opening multiple IRA accounts Date:  1/7/2000  12:15 AM
Author:  mattpam Number:  17471 of 90458

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. - - Matthew

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