What Are My Retirement Account Options if My Company Doesn't Offer a 401(k)?
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Here's what to know before withdrawing funds from inherited individual retirement accounts
If you've inherited an individual retirement account since 2020, you could have a shorter timeline to withdraw the money, which can trigger tax consequences.
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Retirement: Powell & Fleming Retire
After 30 years of practicing naturopathic medicine/acupuncture at 33 Main Street in Burlington, Dr. Donna Powell and Dr. Molly Fleming are retiring at the end of May. Esti Bakty, ND will be assisting our patients and keeping our phone number. We have truly appreciated being part of this community. Let the healing power of nature guide you!
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Here’s what to know before withdrawing funds from inherited individual retirement accounts
If you’ve inherited an individual retirement account since 2020, you could have a shorter timeline to withdraw the money, which can trigger tax consequences. But there are a few things to consider before emptying an inherited account, experts say. Under the Secure Act of 2019, so-called “non-eligible designated beneficiaries,” have a 10-year window to deplete […]