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Strategies & Market Trends : Retirement - Now what?

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To: SAM who wrote (191)7/10/2007 2:07:41 PM
From: deeno   of 288
 
Best to talk to an accountant if there is any real money involved.

"Do the beneficiaries have to pay estate tax on this money?"

yes (as well as income tax)

"What happens if they roll this into their rollover IRAs?"

Answer #1. doesnt matter.

Answer #2. No one can "rollover" to their IRA's except for the spouse and the spouse doesnt pay any estate taxes. Yes there are ways to stretch out payments out of the IRA but it would have no impact to the estate tax question.

Again im sure there a nuances that would apply if your talking real money.
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