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1885: [Part 2] Tax Planning For Inherited IRAs by Sean Mullaney of FI Tax Guy

Optimal Finance Daily - Financial Independence and Money Advice

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How to Leave an Eligible Dedicated Beneficiary

A spouse is a favored beneficiary in many cases, especially when the spouses are roughly the same age. Professional assistance is usually wise when inheriting a significant retirement account from a spouse. The idea is to convert traditional retirement accounts into roth iras during the owner's lifetime. This one comes at a tax cost to the owner in most cases but the owner might also benefit from this sort of planning.

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