The Fine Print

April 2000
Journal of Financial Planning;Apr2000, Vol. 13 Issue 4, p78
Academic Journal
This article focuses on the Individual Retirement Agreement (IRA) in retirement distribution planning. The agreement that is binding contract and you must look carefully at it to see what the limitations may be with regard to distribution methodology or beneficiaries. Custodian agreements should be written in such a way that of a client wants to leave an IRA in three equal shares to his or her grown children and their children and one of the grown children dies, the grandchildren don't get their share. Instead, it passes in only two shares of surviving children.


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