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 )
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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
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