Jonathan, my husband and I have been following your columns for years. One thing we decided to do was to assign our Roth IRAs to each other as beneficiaries, rather than to our 30-something children to give the funds more time to grow after the death of one of us. If they need the money we can always just take it out of the Roth and give it to them. Just a thought on another way to deal with the ten year rule.
Comments:
Jonathan, my husband and I have been following your columns for years. One thing we decided to do was to assign our Roth IRAs to each other as beneficiaries, rather than to our 30-something children to give the funds more time to grow after the death of one of us. If they need the money we can always just take it out of the Roth and give it to them. Just a thought on another way to deal with the ten year rule.
Post: Looking Different
Link to comment from July 9, 2024