Rickles, Seephen P.
July 1995
Journal of Financial Planning;Jul95, Vol. 8 Issue 3, p119
Academic Journal
Distributions from qualified retirement plans or individual retirement accounts face complex distribution, income-tax, and estate-tax rules. This article focuses on the impact that designating a beneficiary can have on the maximization of benefits and their distribution. The author cites several reasons that naming the spouse as primary beneficiary is particularly useful, including the recalculation of joint-life expectancies and the rollover of benefits. The article also examines the naming of a marital, credit-shelter, or qualified terminable interest property trust as beneficiary.


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