Can a credit union refuse to do a trustee to trustee transfer of an inherited IRA?

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1081383

2026-04-02 18:40

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Yes, a credit union can refuse to perform a trustee-to-trustee transfer of an inherited IRA if it does not accept inherited IRAs or if it has specific policies regarding such transfers. Each financial institution has its own rules and procedures, so it's essential to check with the credit union directly. Additionally, if the inherited IRA does not meet the credit union's criteria, they may decline the transfer.

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