Making a Difference with Your IRA: The Power of Qualified Charitable Distributions As we journey through life, many of us look for ways to give back to the community and support the causes we c
You’ve Inherited an IRA. Now What?
If you’ve been named a beneficiary or inherited an IRA, you’re likely facing some tough questions — what are the next steps, and what happens now? Whether you’re a non-spouse inheriting an IRA as a spouse or a non-spouse who is not the sole beneficiary, there are a few key details to keep in mind. Familiarizing yourself with these changes in legislature and tax obligations of inheriting an IRA now can help you and your loved ones better prepare to receive your inheritance. Continue reading
Inheriting an IRA from your Spouse? Know Your Options
You have 4 options for inheriting your spouse’s IRA. Roll over the assets into a new or existing IRA in your own name. Transfer the assets to an inherited IRA. Roll over the IRA assets into a new or e