403b Beneficiaries
What tax issues need to be considered by a 403(b) beneficiary if they are the child of the deceased 403b owner? Can the child do a “Stretch” IRA as a 403b beneficiary?
What tax issues need to be considered by a 403(b) beneficiary if they are the child of the deceased 403b owner? Can the child do a “Stretch” IRA as a 403b beneficiary?
Permalink Submitted by Al Fry on Fri, 2007-09-07 01:22
The current 403(b) administrator SHOULD allow the DB to be transferred to an inherited IRA. There is a proposed TCA modifying PPA 2006 to make it mandatory.