Appleby Posted January 3, 2003 Posted January 3, 2003 Please see Rev Rul attached Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
Guest mab Posted January 21, 2003 Posted January 21, 2003 My reading of this, particulary the appendix, indicates that deemed IRAs cannot be adopted by plans that are trusteed by individuals which cuts out a large segment of the plan population. Does anybody agree or disagree?
E as in ERISA Posted January 22, 2003 Posted January 22, 2003 My reading was that the model language couldn't be used by a plan trusteed by an individual. But I would note that the Section 408 IRA rules generally require an individual retirement account to be trusteed by a bank and an individual retirement annuity to be issued by an insurance company.
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