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Inherited IRAs
Americans have more than $28 trillion in assets in retirement accounts including $9 trillion in IRAs. It is not uncommon for a retiree’s IRA to be their largest asset apart from the family home; making it highly likely that at some of this tax-deferred wealth will eventually pass to the IRA owner’s children. The good news is that IRAs can pass smoothly to children without probate and without a large, immediate tax burden, but there is a key to his happy result. Read attached article to find out what that key is. Click here…
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