One advantage of inheriting an IRA from your spouse is that you’re entitled to transfer the funds to a spousal rollover IRA. The rollover IRA is treated as your own IRA for tax purposes, which means you need not begin taking required minimum distributions (RMDs) until you reach age 72. This differs from an IRA
spousal rollover vs inherited IRA
Apr 15, 2021
What happens if your spouse fails to designate you as beneficiary of his or her IRA?
- By Joan Ellenbogen
- Estate
- 0 Comments
Read More