Contigent Beneficiaries
Can a designated spousal sole beneficiary who takes ownership of an inherited IRA (Traditional or Roth) name contigent beneficiaries as well as primary beneficiaries? Also, can the primary beneficiary named by the inheriting spouse file a valid disclaimer(under Section 2518 of the IRS code) and pass the inherited IRA to the contigent beneficiaries?
Permalink Submitted by Alan Spross on Tue, 2011-03-08 20:24
Yes to both.