Comments on: Inherited IRA Strategies & RULES UPDATE

By: @josephkelley3035

@josephkelley3035 — Sat, 27 Jul 2024 13:19:50 +0000

Great content

By: @AngieLMiller006

@AngieLMiller006 — Sat, 27 Jul 2024 03:46:40 +0000

My brother passed away two years. I was contacted last month informing me that I am the beneficiary on his IRA. Does the ten year clock start on his date of death or when I actually receive the inherited IRA?

By: @brucesmith6868

@brucesmith6868 — Fri, 26 Jul 2024 17:48:03 +0000

Thanks Dustin and Eric good to get the straight scoop

By: @educatedwanderer9293

@educatedwanderer9293 — Fri, 26 Jul 2024 17:25:32 +0000

I inherited an IRA from my dad in 2016 when I was 47. It’s a stretch IRA, and the RMD’s will be getting bigger and bigger to the point that it matches my living expenses at age 60. By age 70 I’ll be shoving a large amount into a brokerage account as it will be more than I need. I’ve already been building up the brokerage and investing it into index funds with all the RMD’s, as I’m still working. I can see that it will be an added reason to reduce hours at work and / or possibly retire earlier.