Failure to Designate an IRA Beneficiary: New IRS PLR Resolves Yet Another Case
	
	
	
	
		
			Jul 30, 2018
		/
		
			By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
	
	
	
	Those who inherit could be saddled with the high cost of account owners’ failure to name beneficiaries for their retirement accounts. This can be avoided by properly completing beneficiary designation forms, and making updates when necessary.