Guardian IRA

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Dictionary Says

Definition of 'Guardian IRA'

An IRA held in the name of a legal guardian or parent on behalf of either a child under the age of 18-21 (depending on state legislation) or an individual who is incapable of handling finances due to physical or mental disability.
Investopedia Says

Investopedia explains 'Guardian IRA'

The guardian is responsible for signing documents on behalf of the minor or special-needs adult. The responsibilities of the guardian cease once the child is no longer a minor or until the adult is able to handle his or her finances.
Search results for

'Guardian IRA'

  • Retirement Savings Plans For Kids

    http://www.investopedia.com/articles/retirement/06/retirementforminors.asp
    ... has not reached the age of majority, financial institutions will generally allow
    the individual's parent or legal guardian to establish a guardian IRA for a ...

  • Designating A Minor As An IRA Beneficiary

    http://www.investopedia.com/articles/retirement/09/minor-as-ira-beneficiary.asp
    ... The trust will allow you to provide specific instructions as to how you want
    the guardian to handle the IRA distributions for the minor. ...

  • Don't Forget The Kids: Save For Their Education And Retirement

    http://www.investopedia.com/articles/retirement/03/020503.asp
    ... The IRA should be titled to include the name of the adult and the minor in a way
    that clearly shows who is the minor and who is the guardian. ...

  • Top Estate Planning Tips For Same-Sex Couples - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/Top-Estate-Planning-Tips-For-Same-Sex-Couples.aspx
    ... Beginning January 1, 2010, non-spouse beneficiaries can roll the plan into an inherited
    IRA. ... your will, you can specify who you want to be the guardian of your ...

  • 4 Alternatives To A Traditional Mortgage

    http://www.investopedia.com/articles/mortgages-real-estate/10/mortgage-alternatives.asp
    ... Coe says, "IRA owners love these loans due to their short-term nature, the ... Marcus
    McCue, a vice president at Texas-based Guardian Mortgage Co., Inc., advises ...

  • Getting Started On Your Estate Plan

    http://www.investopedia.com/articles/pf/05/062005.asp
    ... Open a family discussion of who should be the guardian for your children. ... (For more
    on designating IRA beneficiaries, see Who Is The Beneficiary Of Your Account ...

  • Your Will: Why You Need A Power Of Attorney And Beneficiaries

    http://www.investopedia.com/articles/retirement/05/EstateContingencyPlan.asp
    ... for your retirement account, check with your plan administrator or IRA custodian
    to ... have not prepared a POA, the courts may designate a guardian or conservator ...

  • Retirement Planning For 20-Somethings: Incorporating Lifecycles In ...

    http://www.investopedia.com/university/retirement-20/retirement-208.asp
    ... and they are minors, consider designating a custodian beneficiary or guardian who
    would ... You can either rollover the amount to an IRA or to your new employer's ...

  • How To File Your Child's First Income Tax Return

    http://www.investopedia.com/articles/taxes/08/kids-first-income-tax-return.asp
    ... income, Johnny becomes eligible to start a Traditional or Roth IRA and contribute
    up ... for any reason, such as age, the child's parent or guardian is responsible ...

  • Plan To Retire Rich

    http://www.investopedia.com/articles/retirement/07/plan_retirement.asp
    ... Contributing to a 401(k) or IRA is important, but you must do more ... Financial
    Representative, The Guardian Life Insurance Company of America (Guardian), New York ...

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