As the beneficiary of an inherited IRA, you might be aware of some rules that come with these retirement accounts. However, are you also aware that the rules vary depending on whether you are a spouse, a non-spouse or a trust beneficiary?

From required distributions to even the titling of the account, understanding the differences based on the type of beneficiary is crucial to avoid paying unnecessary taxes and penalties on your inheritance. Mistakes are often irreversible, so making informed choices is essential when handling inherited IRAs.

Before you so much as retitle or move your inherited IRA, read these quick tips to Avoid Non-Spouse Beneficiary Mistakes in 5 Easy Stepspdf.”

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For professional assistance in understanding your options for an inherited IRA, contact our office at (877) 714-2362  to schedule a time to discuss your questions.


Walter F. Pardo CWS®, PPC™

An Ed Slott Master Elite IRA Advisor

22 Church Street | P.O. Box 60 | Liberty Corner, NJ | 07938

Phone (877) 714-2362 | Fax 1 + (908) 325.0008