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Each of my two sons will inherit a conduit IRA from their grandmother. The IRA is now worth about $45,000 and consists primarily of a government bond fund (about $40,000) and one stock (Texaco).

As I understand how this works, each will be required to take a minimum annual distribution over a five year period.

Given the 5 year timeframe for this account, I'd appreciate any advice whether it's worth reinvesting in some sort of MI screen, leave as is, or whatever. Would it be better to withdraw the entire account in one lump sum and open a regular investment account for them?

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