Sometimes when someone close to us passes away, we end up inheriting their retirement savings. “What’s an RMD? When do I need to take them? Over what period of time? Who is tracking that? You mean I have to pay income taxes?!” There are so many rules and nuances that can make the decision-making and management of this gift confusing and perhaps even frustrating at times. Listen in as Adam and Ben talk about the proactive and reactive ways to prepare for and eventually handle managing Inherited IRAs.
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Investment advice offered through Great Valley Advisor Group, a Registered Investment Advisor. Great Valley Advisor Group and Haas Financial Group are separate entities. This is not intended to be used as tax or legal advice. Please consult a tax or legal professional for specific information and advice.