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Duncan’s problem Duncan wants to leave some of his assets to charity, some to his wife, and some to his children. He has some assets in a traditional retirement plan, some in a Roth plan, and some in “outside” (nonretirement) investments. Which asset should he leave to which beneficiary? Chart 1, “Choosing a Beneficiary for the Retirement Plan,” suggests that all three of these classes of beneficiary are “tax-favored” for the traditional plans:

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