When financial planning, what do you need to know about inherited IRAs when it comes to leaving a legacy? What is most beneficial to your heirs in the future?
Read more and get additional financial resources here: https://coveryourassetskc.com/episode-120-whats-changed-with-inherited-iras/
What we discuss on this episode:
2:34 - In the last few years a lot has changed with inherited IRAs.
4:05 - Generally, you have up to 10 years to clear out an inherited IRA.
6:32 - What if you inherit an IRA from your spouse?
10:19 - What implications after the shift in rules?
12:37 - Is it better to inherit a Roth vs. a traditional IRA?
14:33 - How do you rollover an inherited IRA?
