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Can an estate be beneficiary of an IRA?

Question: 
Can a customer name an estate as beneficiary of an IRA?
Answer: 

Yes. Usually, if the IRA beneficiary section is left blank it defaults to the estate of the IRA client. Check your contract language.
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Learn more about Deborah Crawford’s webinar
IRAs: From the Ground Up

First published on 01/07/2019

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