Home › Fairmark Forum › Retirement Savings and Benefits › life annuity as distribution of nonspousal inherited IRA › Reply To: life annuity as distribution of nonspousal inherited IRA
In the case of #2, I don’t see how the participant has any control over how the beneficiary takes the benefits.
But the contradiction I pointed out has to do with whether the beneficiary can receive the benefits in the form of a life annuity. In the cases of #1 inherited two-life annuity in an IRA and #2 inherited not-yet-annuitized defined benefit plan, a life annuity is permitted. So I’m wondering why not also in the case of an inherited IRA whose owner died before the required beginning date and hadn’t started distribution.
- This reply was modified 2 years, 11 months ago by wanttoknow.