IRAs and Estate Taxes

Coordinating your retirement savings with estate planning strategies may seem complicated at times, but after working so hard during your life to save the money, it would be a shame for your efforts to go to waste unnecessarily.

Like qualified plan assets, IRA assets are generally included in the estate of the decedent who owned them. Likewise, the estate tax considerations would be the same as those for qualified plans.

As far as income taxes go, the tax treatment of inherited IRAs depends on the type of IRA involved. To learn more, consult the following:

• Inherited Traditional IRAs
• Inherited Roth IRAs

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