Confused about inherited IRA rules? Here’s what to know

Inherited IRAs can be intended as a gift, but what if they cause more chaos than relief? With new changes coming to the tax law, MarketWatch points out some crucial information when it comes to IRA distributions and your income taxes.

Enjoy this complimentary download:

By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize investments and insurance products.

Source Article: https://www.marketwatch.com/story/confused-about-inherited-ira-rules-heres-what-to-know-11659548241

Investing involves risk, including the potential loss of principal. Any references to protection benefits, safety, security, and lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions. Our firm is not affiliated with the U.S. government or any governmental agency. This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Investment advisory services made available through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1444233 – 8/22