Timothy Sumer

Noted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy retirement: ... ( 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 The Inherited IRA: Understanding the Benefits and Rules An inherited individual retirement account (IRA) is an important financial tool that allows beneficiaries to receive and manage retirement funds from a deceased account holder. With an inherited IRA, beneficiaries can continue to grow the funds while taking distributions in accordance with specific rules and regulations. When someone passes away and designates an IRA beneficiary, that individual inherits the account. The beneficiary then has the option to transfer the funds to an inherited IRA and continue to enjoy the tax be

Noted retirement planning expert James Lange shares some of his tips on how to plan for retirement and beyond. Jim has dedicated his life to helping others achieve their goals for a healthy and happy retirement: ... ( 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 IRA or 401(k) can be a complex process with several important considerations. These accounts are often designed to be used during an individual's retirement years, but they can also be passed down to beneficiaries after the account holder's death. When inheriting an IRA (Individual retirement account ) or 401(k) plan, there are important tax implications to consider. Depending on the type of account and the beneficiary's relationship to the account holder, certain tax rules may apply. If the beneficiary is the account holder's spouse, they have the opt