Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

The new proposed RMD regulations could create headaches for successor beneficiaries of inherited retirement accounts. A successor beneficiary is someone who inherits a retirement account from the ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

Some financial assets, like bank accounts and retirement portfolios, are designed to pass from one person to another. This designated recipient is known as a “beneficiary,” meaning that you have named ...

Beneficiaries who inherited any time before 2020 will follow the old rules, from prior to the SECURE Act, under which they still may qualify for a stretch IRA. In addition, spouses are largely ...

When you purchase life insurance, the real goal is to make sure your loved ones are financially protected after you’re gone. Choosing your primary beneficiary — the person who will receive the ...

Here’s a question I get at least once a week: “I’m dealing with a trust that holds an inherited IRA. Can the trustee transfer that IRA out to the individual ...

Beneficiary forms trump last wills and testaments in court, so those with assets to pass on to heirs should regularly update them. Errors on the part of plan administrators can creep in when, for ...

Though SECURE eliminated the life expectancy payout for inherited retirement benefits for most beneficiaries, it preserved that favorable payout option for five classes of eligible designated ...

Trusts are an essential part of most estate plans, even the plans of people with moderate wealth. You need to know the basics of trusts, especially the key terms and concepts of the most widely-used ...