IRS Allows Spouse to Roll Over IRA When Estate Was Named as the Beneficiary
Jun 9, 2016
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By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
The IRS permits IRA spousal beneficiaries to roll over distributions within 60 days in some cases, but not in others. In this private letter ruling, the IRS waived the 60-day deadline and let the surviving spouse roll over the IRA amount even though the IRA owner’s estate was named as the beneficiary.