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Inherited IRA rules can punish you, here's the smarter way

Inheriting a retirement account is supposed to feel like security, not a tax trap. Yet the current inherited IRA regime can ...

I inherited my mom’s IRA and still need to take $10K in required minimum distributions in 2026, but there’s no cash. What do I liquidate?

Take Becka, a hypothetical married mother of three who inherited her mom’s individual retirement account (IRA). She needs to ...

The Savings Game: How life insurance might help protect IRA values for your heirs

Unfortunately, the SECURE Act of 2019 made it more difficult for the beneficiaries of IRAs and other retirement accounts to ...
Westfair Communications

Inherited an IRA Before 2020? Here’s What You Need to Know

If you inherited an IRA from someone who died in 2019 or earlier, you're probably confused about the rules. You're ...

Avoid turning your inherited IRA into an IRS tip jar | Opinion

Inheriting an IRA from someone who was not your spouse can feel like a financial gift — until you meet the maze of rules with ...
NBC Connecticut

These big inherited IRA mistakes can shrink your windfall — here's how to avoid them

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. Stream Connecticut News for free, 24/7, ...
Nasdaq

Inherited IRA vs. Spousal IRA

Inherited IRAs and spousal IRAs are two different types of accounts that you can use for retirement planning. An inherited IRA is created when someone inherits that account, often from a non-spouse. A ...
24/7 Wall St

Inherited IRAs and RMDs: The Hidden Risks for Heirs

Retirees whose IRAs become part of their estate assets bequeathed to surviving spouses and heirs are subject to specific IRS rules. There are several strategies that can be deployed to minimize taxes ...
MarketWatch

‘Googling has been fruitless.’ We were both 69 when my wife died in 2017. I inherited her IRA but my adviser has me confused about RMDs. What’s my move?

Question: “My wife died in 2017, the year prior to her 70 ½ birthday. We were both 69 when she passed. I was the sole beneficiary of her regular IRA and kept her account separate from my own IRA. My ...
NBC DFW

This inherited IRA rule change for 2025 could trigger a 25% tax penalty

There has been a change to inherited individual retirement account rules which mandates that certain heirs must take required withdrawals each year or face an IRS penalty. Starting in 2025, certain ...
NBC New York

These big inherited IRA mistakes can shrink your windfall — here's how to avoid them

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. The average IRA balance was $127,534 ...
AOL

I inherited my mom’s IRA and still need to take $10K in required minimum distributions in 2025, but there’s no cash. What do I liquidate?

Dealing with the death of a loved one is hard enough. Having to navigate the complexities of inherited retirement accounts can add to that stress. But understanding your options can help you avoid a ...