Retirement Plan Relationship Manager ERISA Services, Inc. |
Prime Pensions, Inc. |
Nicholas Pension Consultants |
Pentegra |
Nova 401(k) Associates |
Retirement, LLC |
Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc. |
Central Pension Fund of the IUOE |
Carpenter Morse Group |
Retirement Plan Legal Specialist Pentegra |
Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc. |
Central Pension Fund of the IUOE |
Trucker Huss, A Professional Corporation |
United 401(k) Plans, Inc. |
Bates & Company |
Compass Retirement Consulting Group, Inc. |
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When a Roth IRA May Be a Terrible Asset to Inherit Michael Kitces in Nerd's Eye View ![]() Jan. 21, 2015 "If the beneficiary's tax rates are higher, it's clearly beneficial for the current IRA owner to go ahead and convert the IRA, paying the taxes now at current rates, and leaving the (high income) beneficiary a tax-free account. However, if the reality is that the beneficiary's tax rates are actually lower -- perhaps because the original IRA owner's wealth is being spread across multiple beneficiaries, because the beneficiary simply has less income and assets, or maybe just due to the fact that the beneficiary lives in a different state that has a lower tax rate -- then the best thing a (higher-income) IRA owner can do is simply to leave a traditional IRA to the beneficiary and let the beneficiary pay the taxes at his/her own lower tax rates!" |
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