SURVIVOR IRA AND OTHER RETIREMENT 403 WHEN HUSBAND PASSES AWAY . WHAT ARE SPOUSE”S OPTIONS AND TIME FRAME
MY HUSABAND PASSED AWAY 3 MONTHS AGO. IS THERE TIME TO CONVERT HIS RETIREMENT PORTFOLIO IRA 403 ETC IN MY NAME? WHAT IS BEST OPTION
MY HUSABAND PASSED AWAY 3 MONTHS AGO. IS THERE TIME TO CONVERT HIS RETIREMENT PORTFOLIO IRA 403 ETC IN MY NAME? WHAT IS BEST OPTION
Permalink Submitted by Alan - IRA critic on Sun, 2022-02-13 18:17
There is no time limit to do a direct rollover of an inherited 403b or IRA to your own IRA or to an inherited IRA. If you are not yet 59.5, these accounts should usually be left as inherited so you can take distributions penalty free if needed. It would help to know what ages you both are.