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Date Of Birth For Beneficiary


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Guest Taxwoman
Posted

Is it mandatory to have the date of birth for a designated beneficiary of an IRA?

I know it is recommended- but the IRA owner does not know the DOB of the individual and wants to designate him as the beneficiary without his knowledge ( for personal reasons)

Posted

There is no reason to know the date of birth of a non-spouse beneficiary until the account holder dies.

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

Guest Taxwoman
Posted

Thanks Barry

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