How to Manage the Inherited Ira

If jr and bobby are interested in managing their marginal tax rates, they should not wait until 20 30 to distribute out the inherited i r a. The advantage of the beneficiary taking a distribution in the year of the owner's death is that the beneficiary spreads out the taxable hit over 11 taxable years instead of ten. A traditional ira owner should not implement tax or financial planning that mostly benefits a younger beneficiary at the cost of risking their own financial future.

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