Irrevocable Trusts

[CraigJ]

What is the name of your state (only U.S. law)? NJ

If a person is required to take minimum distributions from their IRA due to reaching age 70 1/2, can they roll those distributions into an irrevocable trust to avoid paying the tax on those distributions?What is the name of your state (only U.S. law)?

 

[tranquility]

No, but there are complicated exceptions for charitable-type trusts. But, generally, the government thinks income should be taxed at least once.