Episode 221: Mailbag- How Does Inheriting A Roth IRA Work?

There are ways to invest tax-efficiently, and you don’t necessarily need a Roth or IRA, or 401(k) to do that. How so? David answers three questions from the mailbag today from listeners who are facing different investing decisions. From what to do with an inherited IRA to making wise financial decisions that can impact future generations, there are ways you can approach these situations strategically.

 

Here are the questions we cover today:

• Mailbag: Am I required to take distributions annually on inherited IRAs? (2:53)
• Mailbag: Should I merge old 401(k) accounts? (5:25)
• Mailbag: How does inheriting a Roth IRA work? (9:29)

 

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