Inheriting an individual retirement account isn’t like inheriting most other assets. With an inherited IRA, there are a lot of moving parts in terms of the type of IRA, the payout options, who the ...

Inherited IRA distribution rules have changed in ways that can significantly impact your taxes and tax strategy.

If you inherit a tax-deferred retirement account, like an IRA or a 401(k), you’ll pay income taxes on the money when you withdraw it. Those withdrawals are subject to your marginal tax rate, not the ...

An inherited Roth IRA, also sometimes called a beneficiary IRA, is an account created for the beneficiary of a Roth IRA after the original account holder’s death. Inherited Roth IRAs do not inherit ...

Levine says that someone may be able to stretch, but they may not even have to worry about that because, as a spouse, they have special rules that apply to them that no other beneficiary has. One of ...

If you’ve inherited an individual retirement account, you may have big plans for the balance — but costly mistakes can quickly shrink the windfall, experts say. Many investors roll pre-tax 401(k) ...

Individual retirement accounts represent an important part of the legacy many of us intend to pass on, but inheriting an IRA presents challenges that demand adequate planning and strategies. Notably, ...

Before 2020, if you inherited an IRA and you were a designated beneficiary, you could do what was called a stretch IRA, or an extended deferral, and take RMDs over your life expectancy based on your ...

If you've ever inherited a retirement account, you've probably wondered how to use the funds best. Your new account can help jump-start your journey towards financial freedom. Converting some of your ...

Dear Liz: I inherited my mother’s Roth IRA when she died in 2015 and have been taking yearly required minimum distributions based on my age. My spouse is my primary beneficiary on this inherited Roth ...

Jeffrey Levine from Buckingham Wealth Partners answers the question: if someone inherited their spouse’s IRA, can they still use the stretch IRA? Levine says that someone may be able to stretch, but ...