Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

A beneficiary is a person (or entity) who will receive assets from an account, usually as part of an inheritance. A beneficiary is a person (or an entity like a charity or college) entitled to receive ...

Roth IRAs are not subject to income taxation (as long as the account has been open for at least five years). There are no during-your-life forced withdrawals for the owner of the Roth IRA – that is, ...

Standard retirement account beneficiary forms may not be flexible enough to ensure your money passes to family members according to your wishes. Naming a trust as the contingent beneficiary can help ...

Trusts are an integral part of estate planning. But they are not always suitable beneficiaries for IRAs. senior couple showing thumb up sign while holding envelope with 'roth ira' lettering and dollar ...