File Your Representative Payee Report. The SSA requires that a representative payee file an annual accounting called the Representative Payee Report. This report details what you, as the representative payee, have done with the beneficiary's funds during the previous year.
You can roll over an inherited qualified annuity. This type of annuity resides in an individual retirement account or employer plan. A nonspouse beneficiary has limited options regarding how to roll over the annuity and when taxes are due.
I have TIAA-CREF accounts from two universities. I no longer work in higher ed & now have a regular 401K retirement plan. I am not sure if I want to keep my money in TIAA CREF or roll it over. I know that it will take 10 years to move all my TIAA guaranteed annuity money over, but I can roll over all my other money at once (at least for my most recent employer - have to dig out the plan documents to find out about the first employer).