Life insurance products have the potential to generate income tax-free internal rates of return on top of immediate liquidity to beneficiaries. These articles provide investors with a deeper understanding of life insurance as an investing tool.
The SECURE Act changed some of the rules for inherited IRAs. It is important to understand these rules so that you can be Tax Savvy and Income Maximized in retirement. By Andy Ives, CFP®, AIF® IRA Analyst Each week, the Ed Slott team answers questions from financial advisors across the country. Sometimes we see a pattern in repeating questions, sometimes the questions are relatively basic, and sometimes they are real stumpers. We never know what the next phone call or email will bring. Recently, we’ve fielded a [...]
By Sarah Brenner, JD Director of Retirement Education Question: Can an RMD from an inherited IRA be taken out of your own traditional IRA? Jack Answer: Hi Jack, Aggregation of required minimum distributions (RMDs) can be complicated and we get a lot of questions on this topic. You can aggregate RMDs and take the total amount from one IRA in some cases. For example, if you have more than one of your own IRAs, you can aggregate your RMDs from each and take the full amount from one IRA. [...]