TOD account
I had a woman die last month. She had an Individual account with her husband as the beneficiary.
Is he entitled to full step-up in basis?
I had a woman die last month. She had an Individual account with her husband as the beneficiary.
Is he entitled to full step-up in basis?
Permalink Submitted by Alan - IRA critic on Fri, 2020-02-21 14:21
Yes. The TOD does not affect cost basis.