The IRS Has A New Idea For Your IRA
First, congress abolished the “Stretch IRA,” forcing you to withdraw all the money from an inherited IRA within 10 years. At least you could choose when and how to take it within that time. Now, a new IRS publication suggests you might have to take an RMD in each of those ten years. The Money Mentors talk about what that means for those who’ve built an estate plan around the “10-year rule”. Plus, examining the risk in your 401(k). Worried you’re too aggressive? Or, too conservative? Visit www.MattsonFinancial.comSee omnystudio.com/listener for privacy information.