No. of Recommendations: 0
"? In some type of living trust or...?

Hi Steve,

Until an expert weighs in, I don't think an IRA is or can be placed in a trust... I think the distribution is done by way of the beneficiary(ies) you name. Depending on who it is, I believe there are rules as to how the distribution occurs. A spouse may be different than other people. I think your spouse "may" be able to keep the funds in an IRA status but others will have to take the money and pay the taxes, although I'm not sure if there are any income averaging provisions.

I'm sure someone will direct you to the proper publication where you can read the rules. If you want you can try at the site.

Regards, Ken ("As Tim McGraw sings, "I hope you get the chance to live like you were dying.")

If you want a Spell Checker for InternetExplorer or Firefox to check MF posts or other web forms: IE => or for Firefox =>
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.