What Does IRA Fbo Mean?

Answer

The abbreviation on IRA forms, FBO means, For the Benefit Of. The abbreviation is commonly used when naming a trust as the recipient of life insurance, an IRA, or 401(k).
Q&A Related to "What Does IRA Fbo Mean?"
FBO is a industry-wide, accepted term by all IRA custodians. It helps maintain the administration chain for an IRA along with the asset ownership: the person for who's benefit the
http://www.ehow.com/facts_6076445_fbo-ira_.html
FBO means "for benefit of" which is something I do not think you would see unless you inherited an IRA (from someone other than a spouse) in which case in needs to remain
http://answers.yahoo.com/question/index?qid=201009...
Most Individual Retirement Accounts are legally titled as "FBO" accounts, although many investors are not aware of this. An FBO IRA satisfies legal restrictions enacted
http://www.answerbag.co.uk/q_view/2034390
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ira fbo | Define ira fbo at Dictionary.com
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