Understanding Inherited IRAs Under the SECURE 2.0 Act

Understanding Inherited IRAs Under the SECURE 2.0 Act

Inheriting an IRA or retirement plan is both a financial opportunity and a challenge, especially with the recent changes introduced by the SECURE 2.0 Act. Signed into law in 2022, this legislation significantly impacts how beneficiaries manage inherited retirement accounts, emphasizing new distribution rules, tax considerations, and strategic planning. For those navigating these complexities, understanding … Read more