If you recently inherited an IRA from your parents, grandparents or some other loved one, watch this video! These are the Top 10 Questions you need to ask yourself if you’ve inherited an IRA from someone other than your spouse. Some simple planning could potentially save major tax dollars!…(read more)
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If you are within 10 years of age of the person who died, you can do the Stretch route (RMD)
Very Helpful… Thank you…
If I inherit a traditional IRA do I have to transfer that money to an inherited IRA account to take the lump sum out without taking the 10% penalty or can I just take the lump sum out of the original Traditional IRA that was inherited?
Govt trying to take ur money that your parents earned
So, I'm good on income and not getting SS/medicare for 15 years. Parents will most likely pass in the next 5 years and my brothers and sisters and I will inherit IRAs and property. If that happens then I should deplete the IRA over 10 years all prior to my retirement and during that time raise my 401K contributions (from 5% to say 15%) to offset the added income from the IRA distributions. That's good advice…
Sounds like a foreign language to me. Today I inherited my mothers 401k…..what now? This video is too complicated for me to understand
So, the stretch ira "grandfathered" rumor is just that?