Spousal rollover of Beneficial Non-Qualified account
Client is named beneficiary on a non-qualified rollover that originally belonged to his deceased wife’s mother. Is there an RMD and how is it calculated; secondly, can he disclaim and have his wife’s two daughter’s inherit this account? Thank you.
Permalink Submitted by Alan - IRA critic on Mon, 2018-04-16 23:29
Is this a NQ annuity? If not, what type of account is it?