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If you inherit a Roth individual retirement arrangement (Roth IRA) from a parent and take withdrawals correctly, you’ll be able to enjoy tax-free withdrawals for years. Your options will depend...
Key Points. Inheriting a Roth IRA avoids probate if the deceased listed you as a beneficiary. Spouses inheriting Roth IRAs can treat them as their own; others face a 10-year withdrawal...
What Is an Inherited Roth IRA? An inherited Roth IRA isn’t a special type of account. The name simply refers to the status of a Roth IRA that has been inherited by a beneficiary after the...
An inherited Roth IRA allows beneficiaries to take tax-free distributions, but the rules changed with the passage of the SECURE Act of 2019.