Read This Before You Touch Your Inherited IRA Funds
When a loved one dies, any leftover IRA funds they had goes to whomever they labeled as beneficiaries. If you're a beneficiary, you have to decide how you're going to use it -- a decision that's a little more complicated this year than it normally is.
Your loved one's money is yours now, but the government has strict rules about how you can use it and when you must pay taxes on it. Here's what you need to know about your choices.
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Source Fool.com