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Which is TRUE of a beneficiary of an Inherited IRA? A. You may make future contributions into an Inherited IRA B. You can always roll
Which is TRUE of a beneficiary of an Inherited IRA?
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A. You may make future contributions into an Inherited IRA
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B. You can always roll this IRA into your existing IRA
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C. You must begin distributions in the year of owners death based on the deceased persons age.
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D. You must liquidate the IRA upon settlement of the deceaseds estate
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E. A surviving spouse can make take the IRA based on their own birth date or stay as a beneficiary using the deceased spouses birth date for distributions.
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