Timothy Sumer

Secure Act Changes May Make Inherited IRA's to Your Kids a Bad Idea If you’re planning to leave an inheritance to your children, there’s a new rule that will probably cause your kids to pay more taxes if you pass on your retirement plan. Today, we’re discussing how the Secure Act, passed in 2019, affects your retirement plans (401k, Inherited IRA, Stretch IRA, etc.) and front-loads taxes to kids to inherit these plans. If you want to know what the Secure Act is, how it applies to you, and what you can do about it … tune in now! Want the Exact Privatized Banking Strategies Our Clients Are Using to Build Financial Freedom? CLICK HERE For the #1 Secret: Listen to The Money Advantage podcast: Ready to move forward with Privatized Banking, alternative investments, or cash flow strategies to coordinate your finances so that everything works together to improve your life today and accelerate time and money freedom? Book an Introductory Call with our team today: ...

While many of our clients establish an IRA using funds from a previous employer, or maybe even new funds from their checking account, it is also possible to inherit an IRA from a loved one or family member. Inherited IRAs are very similar to their non-Inherited counterparts, but there are some nuances that clients need to be made aware of. Visit www.iTrustCapital.com for more information. ABOUT US The iTrustCapital mission is to validate, educate, and empower millions of investors as we innovate toward a blockchain future. iTrustCapital is a digital asset IRA platform that allows clients to directly buy and sell cryptocurrencies and physical gold in real-time through their retirement accounts. Head to our website now to learn more and set up a Crypto IRA for free. CHECK US OUT Want more information on assets available with iTrustCapital? Questions about the iTrustCapital software platform? Interested in Crypto in your IRA or learning more about Crypto IRAs? iTrustCapi...