IRA Beneficiary

Terry Says

You can’t “place” an IRA in a trust. It is a qualified retirement account with a custodian — the mutual fund company, bank, or financial services firm that holds your account.
You should NOT name your Revocable Living Trust as a beneficiary. Instead, name an individual, or two individuals, to be BENEFICIARIES of your IRA. And perhaps a “contingent beneficiary” should the first-named beneficiary die before you do.
Naming a beneficiary is a simple process. Ask your custodian.