The IRA Tax Trap- Designating the Living Trust as the IRA Beneficiary

ByJack Stephens

Remember when you arranged that IRA with the financial institution and received a “bunch of papers”? Yeah, one of those “bunch of papers” was a Beneficiary Designation form- now remember? Okay, I’m going to ask you 3 questions which can have devastating results depending on your answers. Who did you, for sure, designate as the…