My sister and I are receiving our father's sizable traditional IRA as a distribution from the trust that is the beneficiary of his estate. As we are both in our 60's and still working, is there a way to delay receiving this?

IRA Trust

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IRA's payable to trusts typically can be distributed over the life expectancy of the oldest beneficiary of the trust. However, it is important to review the trust document as the type of trust and its language may impact the distribution requirements.

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My sister and I are receiving our father's sizable traditional IRA as a distribution from the trust that is the beneficiary of his estate. As we are both in our 60's and still working, is there a way to delay receiving this?

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My sister and I are receiving our father's sizable traditional IRA as a distribution from the trust that is the beneficiary of his estate. As we are both in our 60's and still working, is there a way to delay receiving this?

Tax Professional Answers

View/Select our Current List of Tax Topics

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