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Old 06-19-2019, 10:17 AM
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Join Date: Apr 2000
Location: Central Arkansas
Posts: 59,139
Originally Posted by Dag Otto View Post
My intent is to either withdraw the funds or transfer to his IRA (at another institution), depending on the type of funds. But your post reminds me that the first thing I should do is see if any beneficiary is listed. This account was opened long before my parents started any estate planning.
Can you transfer it to his IRA without causing a tax problem? When I see the account lose a lot of money, I want to sell this puppy, buy gold and bury it in the back yard, but that would kill our income tax return.