IRAs and Estate Taxes
Coordinating your retirement savings with estate planning strategies may seem complicated at times, but after working so hard during your life to save the money, it would be a shame to see your efforts go to waste unnecessarily.
Like qualified plan assets, IRA assets are generally included in the estate of the decedent who owned it. Likewise, the estate tax considerations would be the same as those for qualified plans.
As far as income taxes go, the tax treatment of inherited IRAs depends on the type of IRA involved. To learn more, consult the following:
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