The Savings Game: When to consider naming a trust as IRA beneficiary

Readers of my column know I emphasize the importance of naming beneficiaries for every IRA account. Many ask under what ...

The 10-Year Rule for Inherited IRAs

Now there is a 10-year clean-out rule for many beneficiaries of inherited IRAs. The IRA funds must be distributed to them ...

Should You Ever Name A Trust As Your IRA Beneficiary?

There are 5 times you may want to name your trust as an IRA beneficiary. Is most other scenarios this could be a huge estate ...
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, ...
NBC Connecticut

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 ...
AOL

Tax Day Countdown: Rules You Need To Know Regarding Inherited IRAs

Few people would complain about receiving an inheritance, including one in the form of an IRA. However, if you do inherit the retirement plan of a loved one, there are some rules you have to follow ...
NBC DFW

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 ...