IRA Inheritance

Leaving a legacy, not a liability, on IRAs.

Inherited IRA Analysis With Wealth Preservation

Impact of Lump Sum vs Inherited IRA

Without a "stretch" IRA, you could leave a large sum to the IRS.
See the difference below WITH the inherited IRA.

 

Lump Sum (Without Inherited IRA)

Inherited IRA

  • Benefits of Tax Deferral Lost
  • Benefits of Tax Deferral Continue
  • Estate Taxes Due
  • Income Taxes on Distributions Only
  • Income Taxes Due
  • Lifetime Income Provided to Children and Grandchildren
  *Estimated Distributions Subject To Income Tax at the Beneficiary's Tax Rate.  Taxes may be reduced by a credit for Estate Taxes attributable to the IRA

Please call us for a no-cost illustration concerning your qualified money.
(401K, 457, IRA, TERI, etc.)

You must have proper beneficiary designation forms!

Information on this page is printed with permission from Tom McDermot, Asset Protector & Advisors and Clarity Software, LLC.  Copyright 2003

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