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Showing posts with the label nonspousebeneficiary

YMYW Podcast: Is Tax-Free Inheritance of My Roth IRA Possible for My Children?

On the Your Money, Your Wealth® podcast episode #211, Joe Anderson, CFP® and "Big Al" Clopine, CPA answer a phone message from Rob: "Joe was saying that the Roth is passed on to your kids tax-free. I was told by my tax accountant that no, it is not passed on to your kids tax-free, only to your spouse. See if they can clear that up for me, that’s a big question mark for me – alright, thanks. This is Rob and I live in Ohio, okay? Thanks." Read the transcript and show notes or listen to the full podcast: Pure Financial Advisors, LLC is a fee-only Registered Investment Advisor providing comprehensive retirement planning services and tax-optimized investment management to thousands of people across the nation. Schedule a free assessment with an experienced financial professional: Office locations: Ask Joe & Big Al On Air: Subscribe to our YouTube channel: Subscribe to the Your Money, Your Wealth® podcast: IMPORTANT DISCLOSURES: • Investment Ad...