Inheriting an IRA can be complex. The rules differ based on your relationship to the deceased, your age and even their age at ...

There is no option for a 60-day rollover when inheriting IRA assets. If you receive a check, the money will be taxed as ordinary income, and is ineligible to be deposited into an inherited IRA you ...

A beneficiary may open an inherited IRA using the proceeds from any type of IRA, including traditional, Roth, rollover, SEP, and SIMPLE IRAs. Generally, assets held in the deceased individual’s ...

Surviving spouses can roll over inherited IRA funds into their IRAs. If required minimum distributions must be taken from the inherited IRA, widows and widowers can calculate them based on their ...

I also tackle accounting for a charitable donation from an IRA and the difference between a rollover and a trustee-to-trustee transfer.

Rollover – Some IRA beneficiaries want to move their inherited IRA assets to another IRA custodian to obtain additional investment options or other services. If you were not married to the IRA ...

Once executed, a spousal rollover is irrevocable. A fourth option is very similar to the third option. The surviving spouse simply treats the inherited IRA as his or her own IRA. This has the ...

there's one category of retirement account that's not eligible for rollover to your personal Roth IRA: an inherited IRA. If you inherit a traditional IRA from a non-spouse, you're stuck with the ...

I read your column: I accidentally overfunded my IRA last year — how much trouble am I in? and in it you mentioned an improper rollover. What makes a rollover improper? Doesn’t one company ...

Not taking beneficiary RMDs within the required time and/or making a regular IRA contribution or 60-day rollover contribution to the inherited IRA would result in the “treat as own” election.

Non-spousal beneficiaries cannot rollover an inherited IRA and, therefore, may prefer to inherit an IRA via a trust for their benefit when asset protection is a concern. Advantages of IRA trusts ...

Two times that a rollover is simply not permitted, and that we see frequently, involve Required Minimum Distributions (RMD) and Inherited IRAs. Read: The Fed rate cut scared me. Where should I ...