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Personal Finance and Investing

Sherman A1

(38,958 posts)

1. Interesting

Reply to mahatmakanejeeves (Original post)

Sat Mar 12, 2022, 07:31 AM

Mar 2022

It is essentially “found” money 💰 for the beneficiary, so while this is probably not going to be popular with those who will have to potentially pay more, I can see it as not the worst thing to happen.

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New Tax Rules Force Faster Payouts for Some IRA Holders. The rules on inherited retirement accounts [View all] mahatmakanejeeves Mar 2022 OP

Interesting Sherman A1 Mar 2022 #1

IRAs are called Individual (Retirement) Accounts. doc03 Mar 2022 #2

I actually think inherited IRA, annuities etc. jimfields33 Mar 2022 #3

(non-paywall) IRS Nixes 10-Year Stretch For Most Inherited IRAs, Forbes, 3/4/22 progree Mar 2022 #4

So you have to pay taxes on money you would otherwise not have had. PoindexterOglethorpe Mar 2022 #5