Tag Archive for: mandatory distributions

An Inherited IRA Can Boost Your Finances, But The New Finalized IRS Rules May Mean A Tax Headache
According to new, finalized IRS rules, if you inherited a retirement account in the past several years, it’s likely you’ll have to take distributions and pay taxes on all that money within 10 years. Before the new rule, heirs could “stretch” IRA withdrawals over their lifetime, which reduced yearly taxes.

Three Bad IRA Mistakes You Can Avoid
The money you save by avoiding IRA mistakes can make a big difference in your security and standard of living in retirement. CLICK ON THE HEADLINE FOR THREE BAD ONES TO AVOID