[lbo-talk] IRA conundrum

[123hop at comcast.net]

So I was reading the fine print on my IRA, and it seems that if I die, my beneficiaries do NOT get a lump sum. They get some portion yearly, calculated on their life expectancy. And then, I take it, they get taxed on whatever they get? 

That sucks. Are all IRA's like this? What an effing scam. 

Hmmmmm. 

Joanna