Inheriting a retirement account is supposed to feel like security, not a tax trap. Yet the current inherited IRA regime can ...

IRAs have become a core part of the retirement system in the United States with over $18 trillion in assets not as of 2025. While retirement accounts are there for retirement, they can also become ...

When you die, your IRA turns into an inherited IRA. Without proper planning, this can lead to high tax burdens for your beneficiaries. (Photo by Alex Wong/Getty Images) An Individual Retirement ...

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then ...

The SECURE Act of 2019 and the SECURE Act 2.0 of 2022 all but fundamentally changed retirement account rules in ways that continue to catch both retirees and their beneficiaries by surprise. The ...

Inherited IRAs and spousal IRAs are two different types of accounts that you can use for retirement planning. An inherited IRA is created when someone inherits that account, often from a non-spouse. A ...

Beneficiaries of individual retirement accounts don’t have to take required minimum distributions this year — a responsibility that can normally result in owing more in taxes. The Internal Revenue ...

If an IRA is inherited through an estate, the distribution rules for the estate apply, even if the IRA is later transferred to a person. Distribution rules depend on whether the IRA owner died before ...

Structurally speaking, an inherited IRA is the same as a regular IRA. In other words, assets in the account grow tax-deferred, and distributions are either fully taxable, in the case of inherited ...