Mike and Adam sit down to talk about inherited IRA’s. Receiving large piles of cash from distant relatives is not all it’s cracked up to be. There are a number of rules that have to be followed and plenty of taxes that need to be paid. The guys also dig into how these rules changed with the SECURE Act a few years ago. The BIF Bites podcast covers topics that are important to those seeking CFP® certification and really anyone that wants to better understand the financial services industry in general. Visit BIFBites.com for more.... ( read more )
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Inheriting an IRA can be a significant financial asset for beneficiaries. However, there are some important considerations to keep in mind when it comes to inherited IRAs. Recently, financial advisors Adam and Mike discussed the nitty-gritty on inherited IRAs and what be
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