Common use of Qualifying Trusts Clause in Contracts

Qualifying Trusts. If you name a qualifying trust, which is defined in Treasury Regulation 1.401(a)(9)-4, Q&A 5, as your IRA beneficiary, the beneficiaries of the qualifying trust are treated as the beneficiaries of your IRA for purposes of determining the

Qualifying Trusts. If you name a qualifying trust, which is defined in Treasury Regulation 1.401(a)(9)-4, Q&A 5, as your IRA beneficiary, the beneficiaries of the qualifying trust are treated as the beneficiaries of your IRA for purposes of determining thethe appropriate distribution period. A qualifying trust provides documentation of its beneficiaries to the trustee.