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 ...

An inheritance can add to your finances, but taxes may reduce the amount that reaches you. Some states tax beneficiaries directly, while separate estate taxes may apply before assets are distributed.

The IRS’ interpretation of the 10-year clean-out rule on inherited IRAs can be complicated.

It's important to know what options you have.

If a loved one has named you as a beneficiary of their 401(k), knowing how to make the best use of the bequest is another way to honor them. How to best use an inherited 401(k) depends on a number of ...

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 ...

Taking IRA distributions is often confusing, more so if you are inheriting an IRA. Part of the reason I eventually became a financial planner is due to my own experience trying to find accurate advice ...

Inheriting money is often welcome, but if it’s a retirement account, beneficiaries need to be aware of new rules effective in 2025 or end up potentially paying a steep penalty to the IRS. New rules ...

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, enacted by Congress in December 2019, was a step towards encouraging more employers to offer retirement plans and facilitating ...

This program will help you avoid common errors when dealing with retirement assets during your client's lifetime and after your client's death. Tax planning with retirement assets including ...