Roth IRAs as an Inheritance Strategy

When your heirs inherit a Roth IRA, they are not required to take distributions, which allows the account to continue growing tax-free for up to ten years. This flexibility can be a significant financial boon, especially if your heirs are in their prime earning years and want to defer withdrawals until they are in a lower tax bracket. The question is, should you do a Roth conversion now?

 

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

• Is inheriting a Roth IRA a real positive?
• What are the primary investment asset types to inherit?
• Should older parents do Roth conversions to benefit their children’s inheritance?

 

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