Non-Spouse Beneficiary IRA: Estate Planning Rules

Inheriting an IRA from someone other than a spouse creates both opportunity and a complicated set of withdrawal rules. Adult children, grandchildren, siblings and other beneficiaries generally cannot simply add the inherited money to their own IRA. Instead, the beneficiary’s classification, the type of IRA, and whether the original owner reached their required beginning date […] The post Non-Spouse Beneficiary IRA: Estate Planning Rules appeared first on SmartReads by SmartAsset .