New Changes to Retirement Rules Could Impact Estate Plans—Here’s What to Know Recent legislation has introduced updates that could affect how inherited retirement accounts are taxed. Many families aren’t aware that beneficiaries may now be required to withdraw funds within a 10-year period, which can create unexpected tax consequences. This is just one of several estate planning issues that could impact what you leave behind. For example: Many trusts are never properly funded—leading to probate
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New Changes to Retirement Rules Could Impact Estate Plans—Here’…
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New Changes to Retirement Rules Could Impact Estate Plans—Here’s What to Know Recent legislation has introduced updates that could affect how inherited retirement accounts are taxed. Many families aren’t aware that beneficiaries may now be required to withdraw funds within a 10-year period, which can create unexpected tax consequences. This is just one of several estate planning issues that could impact what you leave behind. For example: Many trusts are never properly funded—leading to probate
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New Changes to Retirement Rules Could Impact Estate Plans—Here’…
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FacebookTop Estate Planning
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