What is the name of your state? WV
Looking for quick advise -Meeting with IRA rep. later today
My wife was notified that she was the beneficiary of one of her late father's IRAs. The financial institution that holds the IRA is claiming that they must open a new IRA in her name to transfer the funds to her. She can then choose to withdraw the money if she wants. Is this true or are they just trying to drum up another commisioned sale of an IRA.
Thanks
Looking for quick advise -Meeting with IRA rep. later today
My wife was notified that she was the beneficiary of one of her late father's IRAs. The financial institution that holds the IRA is claiming that they must open a new IRA in her name to transfer the funds to her. She can then choose to withdraw the money if she wants. Is this true or are they just trying to drum up another commisioned sale of an IRA.
Thanks