Inheritance Insights: Keeping Your Inheritance
In this segment, Vincent J. Russo discusses your legal rights, tax implications, and financial strategies to make the most of…
The rules for inheriting an IRA have changed significantly, and the 10-year rule now requires most beneficiaries to withdraw all funds within a decade of the original owner’s death. In this segment, Vincent J. Russo breaks down the specifics of the rule, who it applies to, and the important exceptions that still exist!