”I Just Inherited An IRA! Now What?”

Following the meeting with a client, we dive into what happens when someone inherits an IRA. The rules about inherited IRAs have changed a lot in the last few years and mistakes can be costly. Listen in as we review what changed since the SECURE Act was implemented. We'll also discuss some examples of how it can look to inherit an IRA, both for a spouse or a non-spouse beneficiary.

 

Here’s some of what we discuss in this episode:

• The SECURE Act changed the rules.
• There are two main categories of people who might inherit an IRA.
• What you can do without the stretch IRA.
• What are the exceptions to the rules?
• David shares an example of how this can look. 

 

For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.