Amplified Wealth
Amplified Wealth is your monthly dose of actionable financial insight, where financial experts dive into a wide range of money matters in an informal, yet informative manner. Join us each month as we discuss various, timely financial topics - breaking them down to be more accessible and engaging for everyone.
Amplified Wealth
Inherited IRAs Post-SECURE Act: Mastering the Maze
In the latest episode of Amplified Wealth's According to Plan, hosts Kate Fishbein and Tom Farrell tackle one of the most confusing yet essential retirement planning topics: the new inherited IRA rules. They break down the changes brought by the SECURE Act and the impact on beneficiaries.
Episode Highlights:
⏰ The 10-Year Rule Explained: Unpack the complexities of the 10-year withdrawal rule and how it affects non-eligible designated beneficiaries.
💼 Inherited IRAs and Tax Planning: Learn about strategies to minimize tax burdens while complying with new rules.
🔔 Eligible vs. Non-Eligible Beneficiaries: Clarify the differences and how each group is impacted by required minimum distributions.
🧑🤝🧑 Spousal Beneficiary Considerations: Explore the unique rules and options for surviving spouses inheriting retirement accounts.
🔍 RMDs and the SECURE Act: Discover how to navigate required minimum distributions based on the age and circumstances of the original account owner.
And much more!
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