“An investment in knowledge pays the best interest.” – Benjamin Franklin

Inherited IRAs: A Highly Regulated Windfall

An inherited individual retirement account (IRA) can be a welcome financial windfall for the recipient, but it is also one of the most complex issues to handle when settling an estate. The gift of an inherited IRA comes with a host of rules and requirements regulating how and when beneficiaries must draw down the account. Before 2020, if you inherited an IRA, the distribution rules were simple: you could stretch withdrawals over your life expectancy. Read the full article here.