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Alaska Statutes Title 34. Property § 34.40.118. Transfers of individual retirement accounts

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) Notwithstanding a provision in AS 09.38.017(d), AS 34.40.110, or another law to the contrary, a person may voluntarily transfer or assign the person's interest in an individual retirement account if the person

(1) is the owner of or a participant in the individual retirement account; or

(2) acquired the interest as a result of the death of another individual.

(b) In this section, “individual retirement account” means an individual retirement account established under 26 U.S.C. 408 or a Roth IRA established under 26 U.S.C. 408A.

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Cite this article: FindLaw.com - Alaska Statutes Title 34. Property § 34.40.118. Transfers of individual retirement accounts - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-34-property/ak-st-sect-34-40-118/

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