Skip to main content

Inherited IRA Strategies | Your Life Simplified


With the passage of the SECURE Act & SECURE 2.0 Act, Stretch IRAs are no longer an option. So, how should investors with an IRA manage this and what should beneficiaries do with their inherited IRA? Valerie Escobar, senior wealth advisor, and Michael MacKelvie, wealth advisor, share strategies investors may consider with their IRAs. 00:00 Introduction 01:24 What is an Inherited IRA? 04:20 What to do with an Inherited IRA? 08:40 How Should Investors Manage their IRA Before Passing them Down? 15:55 Outro & Disclosures #SecureAct2 #IRA #StretchIRA For more information, please visit us online at Subscribe and listen to our podcast, Your Life Simplified Apple Podcasts - Google Play - CONNECT WITH US ON SOCIAL LinkedIn - Facebook - Twitter - Instagram - ============================================= These videos are limited to the dissemination of general information and are not intended to be legal or investment advice. Nothing herein should be relied upon as such. The views expressed are for informational purposes only and do not take into account any individual personal, financial, or tax considerations. There is no guarantee that any claims made will come to pass. Disclosures: ...(read more)


LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Inherited IRA Strategies: Your Life Simplified When you inherit an IRA (Individual retirement account) from a loved one, it can be a daunting task to manage the account. With the right strategies and planning, however, you can simplify your life and make the most of your inherited IRA. The first step to managing your inherited IRA is to decide how you want to take distributions. Depending on your age and relationship to the deceased, you may have the option of stretching out the distributions over your own life expectancy or taking the entire lump sum. If you are younger than the deceased and have the option to stretch out the distributions, you will be able to maximize the tax benefits and keep the money in the account for a longer period of time. Once you have decided how to take distributions, you will need to decide how to invest the money. If you are taking the lump sum, you may want to invest in a mix of stocks, bonds, and other investments. If you are stretching out the distributions, you may want to invest in a more conservative mix of investments that will provide a steady stream of income. Finally, you will need to decide how to manage the account. If you are taking the lump sum, you may want to hire a financial advisor to help you manage the investments. If you are stretching out the distributions, you may want to manage the account yourself. Either way, it is important to make sure that you are monitoring the account and making adjustments as needed. Inheriting an IRA can be a complicated process, but with the right strategies and planning, you can simplify your life and make the most of your inherited IRA. By deciding how to take distributions, how to invest the money, and how to manage the account, you can ensure that your inherited IRA is working for you. https://inflationprotection.org/inherited-ira-strategies-your-life-simplified/?feed_id=71471&_unique_id=63eff66c160ec #Inflation #Retirement #GoldIRA #Wealth #Investing #DeceasedspouseIRA #DistributionrulesforInheritedIRA #DistributionrulesforIRAnonspousebeneficiaries #HowdoesSECUREActaffectIRA #inheritedira #ira #IRAStrategies #IRAs #Mariner #MarinerWealthAdvisors #MWA #NewdistributionrulesforInheritedIRA #NewSECUREActandIRAs #ROTH #RothIRA #secureact #SECUREActandInheritedIRA #selfdirectedira #stretchira #StretchIRAStrategies #stretchirastrategy #TenyearpayoutIRA #WhatisaStretchIRA #InheritedIRA #DeceasedspouseIRA #DistributionrulesforInheritedIRA #DistributionrulesforIRAnonspousebeneficiaries #HowdoesSECUREActaffectIRA #inheritedira #ira #IRAStrategies #IRAs #Mariner #MarinerWealthAdvisors #MWA #NewdistributionrulesforInheritedIRA #NewSECUREActandIRAs #ROTH #RothIRA #secureact #SECUREActandInheritedIRA #selfdirectedira #stretchira #StretchIRAStrategies #stretchirastrategy #TenyearpayoutIRA #WhatisaStretchIRA
Labels:

Comments

Post a Comment

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for ...
Post a Comment
Read more

Birch Gold Group Review 2023 – Best Gold IRA Company? Pros and Cons

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. See chapters in the description. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Chapters: 0:00 - Intro 0:26 - Is Gold a Good Investment? 1:03 - What is Birch Gold Group? 1:37 - IRA Eligible Coins 1:59 - Is Birch Gold Group a Legitimate Company? 2:50 - How Does Birch Gold Group Work? 3:34 - Birch Gold Group’s Fees and Investment Options 4:02 - Birch Gold Group Low Minimum Investment 4:29 - Birch Gold Group Storage and Security 5:34 - Con #1 – No Overseas Storage Options 5:49 - Con #2 – Initial Setup Fees 6:02 - Birch Gold Group Review Summary Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch...
Post a Comment
Read more