Splitting an IRA among heirs is often the best choice for parents so that there is no dissension or in-fighting among ...

The government offers retirement savers a significant tax advantage when they use certain retirement accounts. Traditional ...

What happens when you, the beneficiary, pass away? What rules apply to someone who inherits the IRA from you, your “successor ...

Inherited IRAs are accompanied by a host of little-known rules that are traps for the unwary. In this post, I discuss the classic misunderstandings and mistakes about inherited IRAs. I’m not ...

Inherited IRAs pose a number of new challenges, due to the SECURE Act of 2019 and updated IRS guidelines regarding RMDs.

Here’s a look at the most important rules you need to know regarding inherited IRAs. What Must You Do If You Inherit an IRA? If you’re the non-spouse beneficiary of an IRA, you essentially ...

However, there are some rules that you’ll have to follow if you inherit an IRA, and they may create some unintended tax consequences. If you’re the non-spouse beneficiary of an IRA ...

If you inherited an IRA, that windfall may cost you money if you aren’t careful. That’s because there are rules around inherited IRAs to ensure the money in the account is eventually taxed and ...

Few people would complain about receiving an inheritance, including one in the form of an IRA. However, there are some rules that you’ll have to follow if you inherit an IRA, and they may create some ...

The Secure Act of 2020 (Setting Every Community Up for Retirement Enhancement) and Secure Act 2.0 of 2022 introduced several changes to inherited IRA rules, making it crucial to understand your ...