Traditional IRA – Beneficiary Designation
Can a donor-advised fund(s) be named as the beneficiary designation of an IRA? If so, are there any limitations? Thank you.
Can a donor-advised fund(s) be named as the beneficiary designation of an IRA? If so, are there any limitations? Thank you.
Permalink Submitted by Al Fry on Mon, 2008-05-19 19:58
Should be able to, and there should not be any limitations.. Income tax-wise, it would be a wash (no tax, no deduction). Includible in estate, but deductible by estate.
Permalink Submitted by Alex Newmark on Tue, 2013-10-29 13:22
I’d like a certain answer on this since I’d like to put some of an heir’s inheritance into their DAF rather than their pocket 🙂
Permalink Submitted by Alan - IRA critic on Tue, 2013-10-29 17:26