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 ...

Inheriting a Parent's IRA? Here's What You Need to Know

If you're inheriting an IRA, you might think you can let that money sit and grow until you need it. But there are rules ...
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 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 ...

My late husband’s son is listed as beneficiary on his IRAs. Where does that leave me?

We found the policies, but it appears he stopped paying on them a few months before he passed away.” (Photo subject is a ...
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 ...