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

Recently, I’ve wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and ...

Inherited IRAs have a key tax change for 2025. What to know to avoid a penalty of up to 25%

There is a key change for inherited IRAs for 2025. Here's what beneficiaries need to know before year-end to avoid an IRS ...

Inherited IRA Rules: Understand Tax Implications for Spouses & Non-Spouses

Explore inherited IRA rules. Learn how tax regulations impact spouses and non-spouses under the SECURE Act. Understand your options for inheriting IRA funds.

I was the beneficiary of my late wife’s IRA and 401(k) — but I want our kids to get the cash. Do I still have to take minimum distributions one day?

I was the beneficiary of my late wife’s IRA and 401 (k) — but I want our kids to get the cash. Do I still have to take ...

Roth IRA Beneficiary Options: Guide for Spouses and Non-Spouses

Explore your options as a Roth IRA beneficiary, from spousal transfers to required withdrawals, depending on your relationship to the original account holder.

Don't get hit with a 25% penalty: What the new IRS rule means for inherited IRAs

As the largest wealth transfer in American history accelerates, many heirs stand to inherit more than just assets, they may ...

My sister died and left me as the beneficiary on her 401(k). I could really use the cash — but should I let this nest egg mature or crack into it now?

This article originally appeared on Moneywise.com under the title: My sister died and left her 401 (k) to me. I could really ...

My dad died 30 years ago, but I just found an old IRA with a $30K balance in his name. Can I still claim that cash — and will it all still be there?

Let’s say, for example, that you just discovered your deceased father’s Individual Retirement Account ( IRA ), which had ...
The Mercury

PERSONAL FINANCE: Navigating new distribution rules with inherited IRAs

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...
NBC 10 Philadelphia

There's a ‘big change' for inherited IRAs in 2025, advisor says. Here's how to avoid a penalty

Inheriting an individual retirement account is a windfall for many investors. However, a lesser-known change for 2025 could trigger a costly surprise penalty, financial experts say. Starting in 2025, ...
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 ...

I was the beneficiary of my late wife’s IRA and 401(k) — but I want our kids to get the cash. Do I still have to take mi

Untangling their finances after they die only adds to the strain — particularly when it comes to retirement accounts. Imagine ...