New Rollover Option for Inherited Accounts

[mlk_man]

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, which was just signed into law by President Bush, 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