My Dad Left Me $675k in an IRA, but I'm in the 32% Tax Bracket. How Should I Structure My Withdrawals?
There are different rules for inherited retirement accounts. When you build your own retirement account, you can contribute ...
Non-Spouse Inherited IRAs: Ways Not To Squander The Money
Learn how beneficiaries can manage non-spouse inherited IRAs. Explore distribution rules, Secure Act changes, and tax ...
Opportunities and Challenges When You Inherit an IRA
New SECURE 2.0 Act rules have kicked in to reshape distribution and taxes for inherited IRAs and retirement plans. Read on ...
‘I paid for everything from day one’: My husband barely worked during our marriage. Can I leave my $500,000 IRA to my son?
I have a pretty good amount in my IRA ($500,000) that I have contributed to for years. I also funded my husband’s IRA spousal ...
There's a ‘big change' for inherited IRAs in 2025, advisor says. Here's how to avoid a penalty
If you have an inherited IRA, there’s a key change for 2025 that heirs need to know. Here’s how to avoid a penalty.
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New Tax Penalty Looms as IRS Cracks Down on Inherited IRAs
The IRS didn’t enforce the penalty from 2020 through 2024, but that leniency has ended as of 2025. The Secure Act of 2019 ...
Welcome to tax season. What to know before you file
Your prior year return will give you a good starting point for figuring out what documents you need to have handy to fill out ...
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There's a ‘big change' for inherited IRAs in 2025, advisor says. Here's how to avoid a penalty
The rule covers most non-spouse beneficiaries if the original IRA owner reached the required minimum distribution, or RMD, age before death. But some heirs may consider withdrawal timing to avoid ...