SmartAsset on MSN1h
Ask an Advisor: I Inherited $200k in an IRA, but I'm in the 35% Tax Bracket. What's the Best Way to Withdraw It?
I was left $200,000 in an IRA Beneficiary Distribution Account (BDA) when my father passed. I have 10 years to withdraw this money. I'm at the 35% federal tax rate currently and plan to make a similar ...
SmartAsset on MSN1h
Ask an Advisor: With $65k in Pension Income and $100k in an IRA, Should I Convert to a Roth?
I'm 60 and I would like to convert some money from my regular IRA to a Roth. I'm aware that the earnings are subject to penalty before five years but I won't need that money until at least age 70. Is ...
NBC Los Angeles23h
These big inherited IRA mistakes can shrink your windfall — here's how to avoid them
If you’ve inherited an individual retirement account, costly mistakes could shrink your balance. Here’s how to preserve your ...