Tag Archives: IRA’s

WHAT DOES IRA STAND FOR?

IRA ADVICE – ED SLOTT– If you’re like the majority of people – including financial advisors and accountants – here’s something probably don’t know. IRA does NOT technically stand for individual retirement account. Instead, the IRA stands for Individual Retirement … Continue reading

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INHERITED IRA’S ARE NOT TAX-FREE INHERITANCES

IRA ADVICE – ED SLOTT– In a recent case, a non-spouse beneficiary learned that an inherited IRA is taxable and is not treated as a tax-free “inheritance.” He received a total distribution from his deceased Mom’s IRA and thought that … Continue reading

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