Learn how to divide your IRA, Roth IRA and annuity accounts among your heirs while minimizing their tax burden.

The distribution rules for beneficiaries can get complicated and depend on two key factors: Your relationship to the original account owner: The IRS lets you treat a Roth IRA from a spouse as if ...

Most Roth IRA beneficiaries must take a lump sum distribution under the five-year ... You can request a waiver on IRS Form 5329, but you'll need a good reason for the oversight.

Account owners should file Form 5329, Additional Taxes on ... Retirement topics - Beneficiary and Required minimum distributions for IRA beneficiaries. Help for those in charge of the estate ...

The only people who can still stretch out IRA distributions over their ... Take time to think through your beneficiaries and list them on your forms accordingly. The most important thing is ...

Sara made a wrong move: Sara contacted ABC Custodian in 2024 and told them she wanted to roll over the inherited Roth IRA. They had her complete a distribution request form and gave her a check ...

However, the IRS is mulling over key provisions particular to distributions ... that their desired beneficiaries are actually listed as such on the IRA beneficiary form. Eligible designated ...

The surviving spouse could also take distributions based on their own life expectancy or follow the 10-year rule. The surviving spouse could also roll the inherited account into their own IRA ...