mlk_man
08-21-2006, 10:43 AM
Under current law only a surviving spouse can roll an inherited retirement plan into his or her own IRA. However, thanks to the Pension Protection Act of 2006 (http://javascript%3Cb%3E%3C/b%3E:siteSearch%28%27Pension%20Protection%20Act%20 of%202006%27%29;), which was just signed into law by President Bush (http://javascript%3Cb%3E%3C/b%3E:siteSearch%28%27President%20Bush%27%29;), starting January 1st this privilege is extended to non-spouse beneficiaries for the first time ever.
http://www.foxnews.com/story/0,2933,207936,00.html
http://www.foxnews.com/story/0,2933,207936,00.html