Question

 Can the beneficiaries keep the money in the Roth IRA account?

Answer The IRS requires that interest from a Roth IRA be distributed to beneficiaries at the end of the fifth year after the owner's death. A spouse beneficiary, however, may postpone distributions until ... Read More »
http://www.answerbag.com/q_view/1905236

Top Q&A For: Can the beneficiaries keep the money in the Rot...

When can I take money out of my Roth account?

On One Hand: Any Time You ChooseYou can take money out of your Roth IRA at any time. Contributions can be removed without penalty. But if you withdraw earnings early, you must pay income taxes on t... Read More »
http://www.answerbag.com/q_view/1984986

Can i take money out of my roth ira account?

On One Hand: IRS Distribution Rules ApplyThe Internal Revenue Service allows individuals to make tax-free withdrawals from their Roth IRA accounts under certain conditions. Individuals can take mon... Read More »
http://www.answerbag.com/q_view/1975861

What is an IRA Roth account?

An IRA Roth account is a retirement account which individuals can contribute to with income that has already been taxed. You can withdraw money from your IRA once you turn 59 1/2 or earlier if you ... Read More »
http://www.answerbag.com/q_view/1967612

How to Open a Roth IRA Account?

A Roth IRA is an individual retirement account (IRA) allowed under the tax law of the United States. Named for its chief legislative sponsor, U.S. Senator William V. Roth Jr. of Delaware. It is one... Read More »
http://www.wikihow.com/Open-a-Roth-IRA-Account


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