I recently inherited a roth ira from my father. It is currently set up at the broker where he did business as
My name beneficiary roth ira of my father's name
I believe this is the correct way it should be, and I did specifically fill out an inherited beneficiary roth ira with the broker when the account was established. Now, I want to transfer some of the inherited beneficiary roth ira to a different broker. (Actually, 2 different brokers, so that I will eventually have the original account and two additional inherited beneficiary roth ira accounts.) The question is, when I filled out the forms with one of the new brokerage houses, they only had a choice of a roth ira. Nothing specifically states that it is to be an inherited beneficiary roth ira. I suspect this brokerage house is simply not set up to handle this kind of account. I have not yet tried to actually transfer any assets into the new account, because I think the account they are setting up is not going to be the needed inherited beneficiary roth ira account. I noticed, for example, that the original application stated things like who was the original holder, what was his social security number, death certificate, and how I plan to take distributions (in 5 years or over my life time). The new application did not mention any thing about those things, so I suspect I may not be able to deal with them. Is this true? Or, can it just be a traditional roth ira as long as the entitle it "my name beneficiary roth ira of my father's name"?