Take Becka, a hypothetical married mother of three who inherited her mom’s individual retirement account (IRA). She needs to take a required minimum distribution (RMD) of $10,000 in 2025, but there’s ...

Inheriting an individual retirement account can be a bittersweet experience. Although it’s a loving gesture from the deceased to help fortify your retirement, the machinations of an inherited IRA tend ...

Inherited retirement accounts that once felt like a windfall are now coming with a firm deadline to pull money out, and the clock is running for many heirs. The rules around required withdrawals have ...

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...

I’m in my mid-70s, have no debt and have managed as a single person to amass about $1 million in traditional IRA savings, plus some non-retirement account investments. I also inherited a traditional ...

Dear Liz: I inherited my mother’s Roth IRA when she died in 2015 and have been taking yearly required minimum distributions based on my age. My spouse is my primary beneficiary on this inherited Roth ...

The SECURE acts introduced several major changes to RMDs over the last few years. The changes impact both retirees and those who inherited an IRA within the last five years. Knowing the rules could ...

An inherited individual retirement account (IRA) is a potential financial windfall that may create new opportunities to achieve your financial goals. If you are a beneficiary currently or expect to be ...

It pays to calculate RMDs (Required minimum distributions) as you approach retirement or if you are already retired. RMDs are the minimum annual withdrawals you must make each year from most ...

RMDs kick in in the year you turn 73 years old. Roth 401(k) account owners are no longer subjected to RMDs. The penalty for missing an RMD has decreased significantly. Knowing these rules can help you ...

'I am comfortably retired, but the tax bill is considerable' "Recently, I've wondered if it makes sense to transfer the inherited IRA to a non-retirement account, take the tax and Medicare premium hit ...