Skip to main content

Inherited IRA Strategies


With stretch IRAs eliminated, how should your beneficiaries manage an inherited IRA? On this episode of #YourLifeSimplified, Valerie Escobar and Michael MacKelvie share IRA strategies both for owners and beneficiaries. #FinancePodcast  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: How to Make the Most of Your Inheritance When you inherit an IRA, it can be a daunting task to figure out what to do with it. It's important to understand the rules and regulations that govern inherited IRAs and to develop a strategy to make the most of your inheritance. First, it's important to understand the rules that govern inherited IRAs. Generally, the beneficiary of an inherited IRA must begin taking required minimum distributions (RMDs) within one year of the original owner's death. The amount of the RMD is based on the beneficiary's age and the value of the account. Beneficiaries can also roll over the inherited IRA into their own IRA or other qualified retirement plan. Once you understand the rules, you can begin to develop a strategy for your inherited IRA. One of the most common strategies is to take the RMDs and reinvest them into other investments. This can be a great way to diversify your portfolio and reduce your overall risk. Another strategy is to use the funds from the inherited IRA to pay off debts or start a business. This can be a great way to make the most of your inheritance and put it to work for you. Finally, if you're looking for a way to pass on your inheritance to future generations, you can consider setting up a trust or a charitable foundation. This can be a great way to ensure that your legacy is preserved and that your heirs will benefit from your hard work. No matter what strategy you choose, it's important to consult with a financial advisor to ensure that you're making the best decisions for your particular situation. An experienced advisor can help you develop a strategy that meets your goals and takes into account all of the rules and regulations that govern inherited IRAs. Inheriting an IRA can be a great opportunity, but it's important to understand the rules and develop a strategy to make the most of your inheritance. With the right plan in place, you can ensure that your legacy will be preserved and that your heirs will benefit from your hard work. https://inflationprotection.org/inherited-ira-strategies/?feed_id=71317&_unique_id=63ef4d4335a5c #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

Comments

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 ...

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...