Browsing: Inherited

Wife holds wedding ringgetty Should you rollover a spousal inherited IRA or just leave it? This is likely just one of the many decisions that has…

getty Congress and the IRS made inheriting an IRA a very complicated, confusing event. Inherited IRAs are accompanied by a host of little-known rules that are…

Young Mother playing with children while sitting on floor at home with wooden toysgetty A non-spouse inherited 401(k) has limited options compared to that of a…

Feeling overwhelmed with spousal inherited 401(k)getty The considerations for your spousal inherited 401(k) are extensive and can be overwhelming, especially during a time of grieving. The…

When you inherit an IRA, it’s more than just a financial windfall, it’s a responsibility. The rules governing inherited IRAs are complex and can significantly impact…

Dear Penny, I had worked in maritime for years and decided to start my own business. I’m not making the money I had made, so I’m…

Dear Penny, My daughter, who is 29, disabled and a single mom of two, just inherited $90,000 from her uncle. Will she lose her Supplemental Security…