Non-Spouse Beneficiary Rollover

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Dictionary Says

Definition of 'Non-Spouse Beneficiary Rollover'

A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. The most common practice for a non-spouse beneficiary rollover, is that the recipient receives the balance in a one-time lump sum payment, subjecting them to full immediate taxation.
Investopedia Says

Investopedia explains 'Non-Spouse Beneficiary Rollover'

If the funds are rolled over into another retirement account, it must be named as a beneficiary account including both the deceased and beneficiary's names. Many retirement accounts require that the spouse be the sole beneficiary.
Search results for

'Non-Spouse Beneficiary Rollover'

  • What do you do for a non-spouse beneficiary receiving a required ...

    http://www.investopedia.com/ask/answers/03/113003.asp
    ... Any thoughts on whether an IRA could be opened? Unfortunately, a non-spouse beneficiary
    is not allowed to rollover assets from a qualified plan. ...

  • Wealth-Building IRA Rollovers

    http://www.investopedia.com/articles/retirement/09/ira-qualified-plan-rollover.asp
    ... of rollovers are the conduit IRA, the direct rollover, the indirect rollover, the
    spousal beneficiary rollover, and the non-spouse beneficiary rollover, all of ...

  • I am the beneficiary of an IRA and a Keogh. Can I combine them ...

    http://www.investopedia.com/ask/answers/05/combineinherited.asp
    ... same IRA. If you are a "non-spouse beneficiary" of the IRA, you must maintain
    the IRA assets in the inherited IRA. (For more on ...

  • Asset Distributions A Key Consideration For Retirees

    http://www.investopedia.com/articles/retirement/08/qualified-plan-distributions.asp
    ... the spousal-beneficiary rollover; the non-spouse beneficiary rollover. Tax Implications
    Qualified plans tend to provide many tax advantages for both employers ...

  • Must-Know Rules For Converting A 401(k) To A Roth

    http://www.investopedia.com/articles/retirement/08/convert-401k-roth.asp
    ... But before you attempt to rollover the funds into a Roth IRA, you should make sure
    that the employer plan allows non-spouse beneficiary rollovers into an ...

  • Estate Planning Must-Haves For Unmarried Couples

    http://www.investopedia.com/articles/retirement/08/unmarried-couple-documents.asp
    ... Rollover/Distribution Options As a non-spouse beneficiary of a retirement plan you
    have few options when it comes to distributing the assets from a retirement ...

  • 5 Tax(ing) Retirement Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/5-taxing-retirement-mistakes
    ... If you inherit an IRA or another qualified plan, you cannot rollover the account
    into an IRA you own if you are a non-spouse beneficiary. ...

  • Tips For Moving Retirement Plan Assets

    http://www.investopedia.com/articles/retirement/03/040303.asp
    ... Rollover-Eligible Assets Should you decide to roll ... joint life expectancy of you and
    your beneficiary; ... plan participant of whom you are a non-spouse beneficiary. ...

  • 5 Tax(ing) Retirement Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/5-taxing-retirement-mistakes/rmd.aspx
    ... If you inherit an IRA or another qualified plan, you cannot rollover the account
    into an IRA you own if you are a non-spouse beneficiary. ...

  • 5 Tax(ing) Retirement Mistakes Slideshow | Investopedia

    http://www.investopedia.com/slide-show/5-taxing-retirement-mistakes/conclusion.aspx
    ... If you inherit an IRA or another qualified plan, you cannot rollover the account
    into an IRA you own if you are a non-spouse beneficiary. ...

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