Inherited IRA

Submitted by Philip Perry on Thu, 2021-01-07 16:57

Inherited IRA owner dies and passes to beneficiary, can this beneficiary name new beneficiaries?



Submitted by Alan - IRA critic on Thu, 2021-01-07 17:25

Yes, they need to name their own beneficiary. Otherwise, when they pass the inherited IRA will become an asset of their estate, subject to probate.

Add new comment

Log in or register to post comments