Inheriting Retirement Accounts
Inheriting a retirement account—whether a Traditional IRA, Roth IRA, or 401(k)—is often a bittersweet experience. While the windfall can provide financial security, navigating the distribution rules and tax implications requires careful attention. Changes from the SECURE Act 1.0 and 2.0 significantly shifted how inherited accounts are treated. The strategy depends on your relationship to the […]