Message Font: Serif | Sans-Serif
No. of Recommendations: 1
There are many reasons why all this happened that I see no reason to go into, plus I stayed out of it completely in order to keep my wife happy.

Usually the best course. I'm aware of, but not familiar with, a process through which IRA beneficiaries can "disclaim" their interests, so maybe that's what they cooked up. So now we're back to your wife as a beneficiary of an inherited IRA, and as I said before, my recollection on what happens after the widder dies is full distribution within 5 years.

Rule Your Retirement Home Fool
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
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.