What are the requirements to open a U.S. Citizen Deceased Traditional IRA Account?
A tax deferred retirement account for beneficiaries of Traditional IRA’s. These accounts have distributions taxed as ordinary income. Certain minimum distributions must be met for beneficiaries. Appropriate for: Beneficiaries listed on a Traditional IRA once the original account holder is deceased. Requirements: • IRA Signature card • IRA Simplifier • Original death certificate of deceased account holder • The date-of-birth, social security number and address for any beneficiaries var singleFaqId=”1289″; Found in FAQ category: …
