Inheriting an IRA? Advisors warn these 3 costly mistakes could drain far more of your windfall than you expect

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then ...

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?

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

Many Americans make this costly 401(k) and IRA mistake — don’t leave a mess for your family

Many Americans risk sending their 401(k) and IRA savings to the wrong heirs. Outdated beneficiary forms override wills and ...
24/7 Wall St.

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

The SECURE Act of 2019 and the SECURE Act 2.0 of 2022 all but fundamentally changed retirement account rules in ways that continue to catch both retirees and their beneficiaries by surprise. The ...

What Happens To Your IRA If An Ex-Spouse Is Listed As The Beneficiary

Your beneficiary designation will often control where your IRA goes once you pass away. Make sure you don't leave unintended ...
ThinkAdvisor

FAQ: How to Plan for Inherited IRAs

Inherited individual retirement accounts have undergone significant changes over the past several years in large part due to the Secure Act and Secure 2.0 Act legislation. Among the biggest changes is ...

Julie Jason: IRS Publication or Tax Adviser?

When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non ...
Financial Planning

Why charity can be an heir's best option for tax-inefficient IRAs

Financial advisors and their clients have a range of options to consider for traditional IRA holdings — but also a finite ...