The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: BHM Estate Planning Angst Date:  10/26/2021  11:41 PM
Author:  RHinCT Number:  104890 of 106069

Aside from the technical points AJ made, I have an issue with this:

Any other split will result in the 'heirs' having INDIVIDUAL retirement accounts which they will have to quickly spend down to ZERO.

Not spend, but withdraw. I can be a picky SOB about wording, but I don't see this as being picky. While the beneficiary might spend any or all of it, and in the case of a traditional IRA they at least have to cover the taxes, investing rather than spending should always be a consideration. This is, after all the Retirement Investing board.
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us