What do they mean by inherit the IRA from my Baird Co
02435
2 Replies
macuser_22
Level 15
Jan 21, 2022 3:19:03 PM
Just what it asks - did you inherited the IRA from a deceased person or is it your IRA?
DaveF1006
Expert Alumni
Jan 21, 2022 3:21:55 PM
It depends. I think it is asking if you inherited this IRA from a beneficiary or is this your own IRA from Baird Co. If you owned this IRA from day one of its inception, then it is not an inherited IRA.