Individual retirement accounts articles
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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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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 […]
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What Are My Retirement Account Options if My Company Doesn't Offer a 401(k)?
If you work for a big company as a full-time employee, chances are you have access to a 401(k) account. You probably even have access to a Roth 401(k) if you want it. But not everyone is a full-time employee. And not everyone works for a big company or gets access to 401(k) contributions. Money […]