Permalink Submitted by Alan Spross on Thu, 2008-12-18 17:35
Only by a spouse beneficiary at present.
However, this door could be opened in the future because a non spouse beneficiary of a qualified plan can now do a Roth conversion. If this can be done for a qualified plan non spouse beneficiary, it seems logical that this could be extended in the future to non spouse IRA beneficiaries.
Permalink Submitted by Alan Spross on Thu, 2008-12-18 17:35
Only by a spouse beneficiary at present.
However, this door could be opened in the future because a non spouse beneficiary of a qualified plan can now do a Roth conversion. If this can be done for a qualified plan non spouse beneficiary, it seems logical that this could be extended in the future to non spouse IRA beneficiaries.
Permalink Submitted by Jennifer Luzzatto on Thu, 2008-12-18 20:10
Thanks, Alan. I did not think that it was permissable, but I could not find it in writing anywhere. I appreciate your wisdom!
Permalink Submitted by Alan Spross on Thu, 2008-12-18 20:44
In Pub 590, the current rule is the first paragraph on p 30.