The Daily Overview on MSN

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 ...
Investopedia

Navigating Inherited IRA Rules—What You Need to Know for Tax Planning

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...
Morningstar

I'm in my 70s. Should I take the tax hit and withdraw all of my inherited IRA to avoid required minimum distributions?

'I am comfortably retired, but the tax bill is considerable' "Recently, I've wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and Medicare premium hit ...
Hosted on MSN

10-year rules for IRAs? This happens after their elimination

If you've inherited an IRA in the last few years, you've likely been caught in a web of confusion surrounding the "10-year clean-out rule." After years of uncertainty following the 2019 SECURE Act, ...
24/7 Wall St

The End of 2025: 3 Must-Know SECURE Act Changes for RMDs and Inherited IRAs

SECURE 2.0 raised the RMD age to 73 for those turning 72 in 2023 or later. It rises to 75 in 2033. Non-spouse beneficiaries who inherited IRAs after 2019 must take annual RMDs in years 1-9 if the ...
Morningstar

Inheriting an IRA Through an Estate

If an IRA is inherited through an estate, the distribution rules for the estate apply, even if the IRA is later transferred to a person. Distribution rules depend on whether the IRA owner died before ...
Nasdaq

Ask an Advisor: Do I Have to Take RMDs from the IRAs That I'm Inheriting from My Mother?

I’m sorry to hear about your mom's passing. Required minimum distributions (RMDs) from inherited IRAs are one of the most confusing things that most people will have to deal with. That's partially ...
The Times of Northwest Indiana

Mind on Money: The complexities of inheriting an IRA

My Oak Partners practice is a useful source of inspiration for the column, serving such a wide variety of investors and families with unique planning needs, I figure if I am seeing an issue in the ...
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 ...
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 ...
MarketWatch

I’m in my 70s. Should I take the tax hit and withdraw all of my inherited IRA to avoid required minimum distributions?

I’m in my mid-70s, have no debt and have managed as a single person to amass about $1 million in traditional IRA savings, plus some non-retirement account investments. I also inherited a traditional ...