Retirement: Don’t Overlook New Rules Governing Inherited IRAs

Retirement: Don’t Overlook New Rules Governing Inherited IRAs
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Tribune News Service
Updated:
By Sandra Block From Kiplinger’s Personal Finance

The Internal Revenue Service (IRS) recently offered new guidance to adults who inherited an Individual Retirement Account (IRA) from someone other than a spouse. Here’s what you need to know to avoid a stiff penalty.