RMDs on Inherited Retirement Accounts in the Age of the SECURE Act
Carson Wealth
JULY 7, 2022
Today, someone who inherits money that’s sitting in a 401(k) or a traditional IRA could also get another, less welcome gift: higher taxes. . This aptly named “stretch strategy” could be a very powerful tax benefit for loved ones. It also helped minimize the tax impact of inherited accounts. . Taxes are due upon conversion.
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