What Ever Happened to the Stretch IRA?

We used to talk about stretch IRAs all the time, but now we hardly mention it. Why is that? Even though we rarely discuss it on the podcast, David regularly hears questions about stretch IRAs in his office from clients. In this episode, we’ll reflect on the stretch IRA’s former glory, and share how to leave an IRA to a beneficiary strategically now that the stretch IRA as we knew it, ceases to exist.

 

Here’s what you’ll learn on today’s show:

• What a stretch IRA was and why it was important.
• The new rules from the SECURE Act totally changed the Stretch IRA strategy for leaving your IRA to a minor.
• Should you leave some of your IRA to your grandchildren?
• Is leaving your IRA to a minor still a good idea?

 

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