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After the account holder dies, may the beneficiaries designate their own beneficiary(ies)?

April 26, 2017account beneficiaries Beneficiary designate ies

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After the account holder dies, may the beneficiaries designate their own beneficiary(ies)?

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Yes. However, if distribution were already being made to the beneficiary, they must continue to the subsequent beneficiary, at least as rapidly as they were being made to the original beneficiary.