Permalink Submitted by Alan Spross on Tue, 2009-03-17 23:42
That is correct. A non spouse beneficiary of a qualified plan may be able to convert, but an IRA beneficiary cannot.
This seems somewhat inconsistent, and could be resolved with an additional change later on under which we have consistency, but it is not easy to tell which way it will go.
Permalink Submitted by Alan Spross on Tue, 2009-03-17 23:42
That is correct. A non spouse beneficiary of a qualified plan may be able to convert, but an IRA beneficiary cannot.
This seems somewhat inconsistent, and could be resolved with an additional change later on under which we have consistency, but it is not easy to tell which way it will go.