Skip to main content

Posts

Showing posts with the label Huntsvillefinancialrepresentative

Question of The Week- Can a Beneficiary Convert an Inherited IRA in to a Roth IRA?

Hi folks, Don Cloud here from Cloud Financial. We’re the firm that gives you low risk, low volatility investment solutions designed to help bring you peace of mind. Laura from Huntsville asks: "I recently inherited my Father's IRA, and was wondering if I could convert it in to a Roth IRA?" For more Question of the Week videos, visit www.cloudfinancial.com... ( 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 Inheriting an individual retirement account (IRA) from a loved one can be a significant asset to receive. However, many beneficiaries may not be aware of the rules and regulations governing inherited IRA accounts, including the possibility of converting an inherited IRA into a Roth IRA. So, can a beneficiary convert an inherited IRA into a Roth IRA? The answer is yes, but there are several important factors to consider before ...