What is an Inherited IRA?

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Posted on 20th November 2009 by Rita in IRA |Retirement and Estate Planning

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Inherited IRA aka: Beneficiary IRA

An Inherited IRA is an individual retirement account (IRA) that is left to a beneficiary after the owner’s death and usually are received from a parent, but can be from anyone other than your spouse.

IRAs are among the largest assets left to beneficiaries. Since Inherited IRAs are specifically (more…)