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The Most Important Piece of Information IRA Beneficiaries Must Know
Slott ReportLink to more items from this source
Sept. 22, 2015
"When you inherit an IRA, don't immediately take a distribution! By doing so, you may lose an important tax break, the ability to stretch required minimum distributions (RMDs) from the inherited IRA over your life expectancy and even have the RMDs continue to a successor beneficiary after your death. While there has been legislation proposed to eliminate the 'stretch' tax break for IRA beneficiaries, currently it still remains available and beneficiaries will want to know how to take advantage of it."

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