inherited ira
I have been taking rmd from my ira for 5 years. Do my beneficiaries pay more taxes than I would if I withdrew more before I died?
I have been taking rmd from my ira for 5 years. Do my beneficiaries pay more taxes than I would if I withdrew more before I died?
Expert Reviewed
@vssco the answer depends on your tax bracket and your children's expected tax bracket if they inherited the remainder of your IRA.
As stated by others, it is not a one-size-fits all answer. Every one's financial situation is different
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