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James Lange: Stretch IRAs – A Great Way to Pay Taxes Later


Stretching is not only for the gym… if you have a “Stretch IRA” you can s-t-r-e-t-c-h out the taxes due on your inherited IRA (Individual retirement account). If you pay taxes later, you have more money to invest now! CPA and Estate Planning Attorney Jim Lange discusses with Doug how to best title and organize inherited IRAs so beneficiaries can defer taxes. Jim stresses the importance of setting up inherited IRAs properly in order to maximize the benefits of these accounts. Learn two critical mistakes people make when receiving an inherited IRA, and make sure that you prepare your paperwork properly. The Goldstein on Gelt Show is a financial podcast. To listen to whole show, read a transcription, or find contact details of the guest, go to ...(read more)


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