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Strategies & Market Trends : Retirement - Now what? -- Ignore unavailable to you. Want to Upgrade?


To: SAM who wrote (191)7/10/2007 2:07:41 PM
From: deeno  Respond to 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.