An inherited IRA lets you keep retirement savings in a tax-advantaged account, but you’ll need to follow strict distribution ...

Financial experts say many heirs mistakenly assume inherited retirement accounts are tax-free or can be left untouched for ...

Internal Revenue Service reminds taxpayers that inheriting a retirement account, such as an IRA or 401(k), could come with ...

The shutdown is making me nervous. I was planning to take the withdrawal, pay the taxes due and reinvest what’s left in my ...

If you've inherited an individual retirement account, you may have big plans for the balance — but costly mistakes can quickly shrink the windfall, experts say. The average IRA balance was $127,534 ...

Inheriting a retirement account can be a double-edged sword. While it often represents a significant financial boon, the tax implications that accompany such an inheritance can be unexpected and ...

Inheriting assets may provide a new level of financial security, but it may also come with some unexpected tax consequences. Our Jonathan Skinner recently discussed with financial expert Jay McGowan ...

I will soon inherit an IRA account. I’m in my 50s. My share will be about $150,000. I will have 10 years to complete the withdrawals. I don’t know anything about investing and I’m not interested in ...