Should I Name my Trust as an IRA Beneficiary?

 
 

 

Should I Name my Trust as an IRA Beneficiary?

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In certain cases, yes. For example, if your children are minors, you might consider naming your trust as your IRA beneficiary. However, if you want a specific person or charity to receive your IRA, name them directly. This eliminates the complication or legal issues that can arise when you name a trust as beneficiary.


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RetirementErica Hartwick