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| On Tue, 22 Nov 2005 04:32:57 -0600, Dave Dodson <dave_and_darla[at]Juno.com> wrote: - quote - > > wonder if it is possible to transfer my IRA to another person?
Only to your spouse (upon divorce or death). If a beneficiary is anyone> > What are the consequences? thank you very much. > Yes. You can transfer your IRA to another person upon your death. Most > people seem to regard it negatively, but I will leave it to you to > figure out the consequences of your death. :-) else, it needs to remain in the name of the deceased. It is taxed as allowed periodic payments are made. If it is transferred to a different name (other than spouse), it cannot be rolled over, but would become immediately taxable. It is all explained on http://www.irs.gov/ |
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| - quote - > wonder if it is possible to transfer my IRA to another person?
Yes. You can transfer your IRA to another person upon your death. Most> What are the consequences? thank you very much. people seem to regard it negatively, but I will leave it to you to figure out the consequences of your death. :-) Dave |
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| Dear friends, I wonder if it is possible to transfer my IRA to another person? What are the consequences? thank you very much. |
| Tags |
| ira, person, transfer |
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