Inheritance

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Financial Education, Financial Tips, Financial Institutions, Individual Retirement Account, Retirement Accounts, Internal Revenue Code, Federal Income Tax

When inheriting an IRA, you can either treat it as your own or use an inherited IRA, with different rules depending on your relationship to the deceased, and you may need to take required minimum distributions or follow the five-year rule if you're not a spouse beneficiary.

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Rich Mason
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Arlette Queen