Can spouse beneficiary take death distribution and then treats balance

[Guest Shelton]

Say a spouse beneficiary, of an IRA owner who dies before age 70 1/2, moves the assets to an inherited (beneficiary IRA) and takes a death distribution. Can the spouse beneficiary later move the remaining assets to an IRA in his/her own name (i.e. treat the remaining balance as his/her own?)

[BPickerCPA]

A recent private letter ruling permitted this scenario.

[Guest Shelton]

Thanks Barry,

My sincere appreciation.

Would you happen to know that PLR number?

I have a database pf PLR's but I am unable to identify this one.

I can send you a copy for your files if you like.

Thanks Again-Shelton

[BPickerCPA]

I keep this stuff in my office. It is a year 2001 ruling (or maybe Dec, 2000) so it should not be hard for you to track down.