"[E]nsure that your IRA will allow both the beneficiary designation(s) and the MRD method you want. If not, switch to a provider that will. Next, review your IRA beneficiary designation(s), know how your provider will calculate your MRD, and make sure the IRA allows the greatest flexibility for distribution to beneficiaries on your death. To guarantee all that happens, I suggest you request a blank beneficiary form from your provider; complete it on arrival; double-check it for accuracy; make a copy of the signed form for your records; and then return it via certified mail with a return receipt requested. Finally, let your family know where to find those records and what their options will be upon your demise."  MORE >>