Inherited IRA titling
If an individual inherits an inherited IRA but the IRA custodian only has room to list one decedent in the ownership lines who should be listed? Should it be the original decedent or the inherited IRA owner who died?
If an individual inherits an inherited IRA but the IRA custodian only has room to list one decedent in the ownership lines who should be listed? Should it be the original decedent or the inherited IRA owner who died?
Permalink Submitted by Alan - IRA critic on Tue, 2023-09-05 14:56
The successor beneficiary should be shown as the beneficiary of the prior beneficiary, the one they inherited from.