Tag Archives: IRA

These inherited IRA mistakes could reduce your windfall, advisors say

These inherited IRA mistakes could reduce your windfall, advisors say

Juanma Hache | Moment | Getty Images While many investors welcome a windfall, the rules for inherited individual retirement accounts are complicated — and mistakes can be costly.    Since 2020, certain inherited accounts are subject to the “10-year rule,” and heirs must empty the balance by the 10th year after the original account owner’s death.   Plus, some non-spouse beneficiaries, commonly …

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