Inherited an IRA? Avoid These Common Mistakes That Can Cost You

By Tribune News Service and Donna Fuscaldo, From Kiplinger’s Personal Finance If you inherited an individual retirement account (IRA), that windfall may cost you money if you aren’t careful. That’s because there are rules around inherited IRAs to ensure the money in the account is eventually taxed and the IRS gets paid. Run afoul of any of them and you may create a costly tax event…

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Inherited an IRA? Avoid These Common Mistakes That Can Cost You

By Tribune News Service and Donna Fuscaldo, From Kiplinger’s Personal Finance If you inherited an individual retirement account (IRA), that windfall may cost you money if you aren’t careful. That’s because there are rules around inherited IRAs to ensure the money in the account is eventually taxed and the IRS gets paid. Run afoul of any of them and you may create a costly tax event…

Source

Leave a Reply

Your email address will not be published.

Inherited an IRA? Avoid These Common Mistakes That Can Cost You

By Tribune News Service and Donna Fuscaldo, From Kiplinger’s Personal Finance If you inherited an individual retirement account (IRA), that windfall may cost you money if you aren’t careful. That’s because there are rules around inherited IRAs to ensure the money in the account is eventually taxed and the IRS gets paid. Run afoul of any of them and you may create a costly tax event…

Source

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Your email address will not be published.

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