An inherited IRA lets you keep retirement savings in a tax-advantaged account, but you’ll need to follow strict distribution rules to avoid paying taxes.

Financial experts say many heirs mistakenly assume inherited retirement accounts are tax-free or can be left untouched for decades. In reality, the SECURE Act and subsequent IRS guidance have ...

Navigating inherited individual retirement accounts (IRAs) has become increasingly challenging for beneficiaries. Recent legislative changes and regulatory updates have introduced new and important ...

The Setting Every Community Up for Retirement Act of 2019 (the SECURE Act) changed the distribution rules for beneficiaries ...

Inheriting a retirement account can be a double-edged sword. While it often represents a significant financial boon, the tax implications that accompany such an inheritance can be unexpected and ...

Internal Revenue Service reminds taxpayers that inheriting a retirement account, such as an IRA or 401(k), could come with new and often unexpected tax obligations. Changes under recent federal rules ...

You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, the transition of your wealth could result in a substantial tax burden for ...

Many surviving spouses assume they have the same flexibility with an inherited 401(k) as they would with an inherited IRA, but that isn’t always ... deceased spouse’s employer plan and remain a ...

Heirs facing stricter withdrawal deadlines may owe more to the IRS than expected. IRVINE, CALIFORNIA / ACCESS Newswire / September 22, 2025 / The Internal Revenue Service (IRS) is reminding taxpayers ...

Losing a loved one is never easy — and managing financial decisions during this time can add further stress. Liam, 30, is coping with the sudden loss of his older sister. On top of the grief, he’s ...