Inheriting from someone is a wonderful gift, but when it comes to securities assets, namely IRAs, different rules apply to non-spouse beneficiaries. IRS rules designate what the beneficiary can do with the IRA and how distributions must be taken. The laws on inherited...
Just a reminder, this is IRA season and below are some key numbers to pay attention to. For 2014, here is the max contribution limits: Traditional IRA – $5,500 ($6,500 if you are 50 and older) Roth IRA – $5,500 ($6,500 if you are 50 and older) SEP IRA...
