Date: Thu, 24 Nov 2005 09:00:13 -0600
From: efflandt@xnet.com (David Efflandt)
Newsgroups: misc.invest.financial-plan
Subject: Re: transfer IRA to another person?
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On Tue, 22 Nov 2005 04:32:57 -0600, Dave Dodson  wrote:
>> wonder if it is possible to transfer my IRA to another person?
>> What are the consequences? thank you very much.
> 
> Yes. You can transfer your IRA to another person upon your death. Most
> people seem to regard it negatively, but I will leave it to you to
> figure out the consequences of your death. :-)

Only to your spouse (upon divorce or death).  If a beneficiary is anyone
else, it needs to remain in the name of the deceased.  It is taxed as
allowed periodic payments are made.  If it is transferred to a different
name (other than spouse), it cannot be rolled over, but would become
immediately taxable.  It is all explained on http://www.irs.gov/