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Wealth Advisors | Greg Young
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Daily Archives: August 9, 2016

Child Beneficiary

Should You Make a Child Your IRA Beneficiary?

2nd Half (Retirement) Planning, IRAs, Roth IRAsBy Cathy MartinAugust 9, 2016

If you do, there are some “minor concerns” to keep in mind. Should you make a minor child the primary beneficiary of your IRA? Are there any caveats to that choice? IRA owners frequently name young children as contingent beneficiaries of their accounts, but designating someone younger than 18 as the primary beneficiary of IRA…

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