IRA custodian
sorry for dumb question if i have account with swab IRA . if i die who is custodian my spouse and kids have to deal with ? if i have proper beneficiary and successor beneficiaries designated and have will will my HEIRS face issue from custodian?
Permalink Submitted by Alan - IRA critic on Tue, 2024-02-13 22:58
Schwab has a dedicated estate unit for beneficiaries to contact, set up their inherited IRA, etc. After the inherited IRA has been established a beneficiary can directly transfer it to another custodian if they desire. A copy of the death Certificate and beneficiary contact info is needed to establish an inherited IRA.