Inherited IRAs
A significant number of Individual Retirement Accounts (IRA) tend to go to nonspouse beneficiaries, which means there are special rules that kick in for the IRA. We recently came across a great article focused on inherited IRAs that we thought provided some great take aways. You can click the link below to read the “8 Things You Need to Know about Your Inherited IRA.”
If you have an inherited IRA and would like some tax advice, please reach out to your tax preparer.