9/13/24

$mart Money Minute: Inheriting an IRA or 401k

There are now new rules in affect for those inheriting money from a family member or friend. This will greatly change the taxes and distribution planning for heirs. That can be a lot to handle alone especially when grieving the loss. Make sure you know the rules and don't miss out on opportunities to minimize your taxes. This can be complex so reach out for help when clarity is needed.

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