30 Nov 2024

•

1 min read

What to Do When You INHERIT IRA's and 401(k)'s and other Tax Planning Advice

Brad talks about the slippery slope of the IRS rules when it comes to tax deferred accounts such as IRA's and 401(k)'s, and the additional rules that come along with inheriting them.

Author image

Written by Brad Pistole, ,

Brad talks about the slippery slope of the IRS rules when it comes to tax deferred accounts such as IRA's and 401(k)'s, and the additional rules that come along with inheriting them. Brad lays out a ground floor of rules that can end up saving you tens of thousands of dollars in taxes and penalties to the federal government.

Send us a text

Apple podcast icon

Plan with Confidence, Retire with Peace of Mind

Your retirement deserves expert guidance. Let us help you build a secure, tax-efficient future with strategies tailored to your needs.

Schedule a Consultation

Related Podcasts

Retirement's Four MOST Essential Questions

Most retirees focus exclusively on their investment accounts—the 401(k)s, IRAs, and brokerage accounts they've accumulated over decades. But as Brad explains, these "piles of money" can be lost, stolen, depleted in market downturns, or divided in divorce.

Speaker image

Mastering QCDs in Retirement

Unraveling the complexities of Required Minimum Distributions (RMDs) and Qualified Charitable Distributions (QCDs) reveals a powerful tax-saving opportunity that many retirees completely miss. Starting with a client's confusion about Medicare eligibility versus RMD requirements, this episode dives deep into the strategic use of charitable giving from IRAs to minimize taxation while supporting causes you care about.

Speaker image

What Silver Dollar City Taught Me About Retirement

What if your entire retirement plan could collapse as easily as a line of dominoes? In this eye-opening episode, I share a painful personal story from Silver Dollar City that perfectly illustrates how one unexpected event can trigger a devastating financial chain reaction.

Speaker image