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Financial Planning / Tax Strategies


Subject:  Re: Inherited TIRA Tracking Date:  9/18/2012  8:13 PM
Author:  TMFPMarti Number:  116614 of 130965

Is there an IRS requirement that a TIRA trustee must create an inherited TIRA for any named beneficiaries on the death of the original investor?

I can't see any way around it regardless of what the beneficiary wants to do after it's set up. The decedent's interest in the account ends when the decedent does and moves to the beneficiaries. Thus the need for new accounts.

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