Announcement 2

Information related to Coronavirus (COVID-19) here.

Announcement 2

Second piece of info goes here

ACCOUNT TYPE

Inherited IRA

Also known as a beneficiary IRA, an inherited IRA is an IRA account passed down to beneficiaries as an inheritance after the original account owner dies. All cash and assets become that of the Inherited IRA holder.

Slide

AT-A-GLANCE

What should you know about a Self-Directed Inherited IRA?

Tax Benefits

Other Benefits

DISTRIBUTION RULES

What should you know about Inherited IRA distributions?

Minimum Distribution Facts

Early Distribution Facts

BELOW AGE 59½ AGE 59½ - 72 AGE 72 OR OLDER
You may distribute cash or assets from your Traditional IRA at any time, though a 10% early distribution penalty will apply. This penalty will be assessed on top of any applicable taxes. Upon reaching age 59½, you will no longer have to worry about the 10% early distribution penalty. Withdrawals will be taxed as regular income and need only occur at your election. You must begin taking required minimum distributions (RMDs) every year. RMDs are calculated in accordance with your age and your account value.
BELOW AGE 59½
You may distribute cash or assets from your Traditional IRA at any time, though a 10% early distribution penalty will apply. This penalty will be assessed on top of any applicable taxes.
AGE 59½ - 72
Upon reaching age 59½, you will no longer have to worry about the 10% early distribution penalty. Withdrawals will be taxed as regular income and need only occur at your election.
AGE 72 OR OLDER
You must begin taking required minimum distributions (RMDs) every year. RMDs are calculated in accordance with your age and your account value.

Slide

GETTING STARTED

How do you fund your Inherited IRA account?

Contributions

Spouse beneficiaries may contribute to their inherited plans according to the contribution limits of the particular account type. Non-spouse beneficiaries may not contribute to their inherited accounts.

Transfers

Spouse beneficiaries may transfer their inherited plans according to the rules of the account type. Non-spouse beneficiaries may not transfer their inherited accounts unless they inherit additional accounts from the same decedent and combine the accounts.

Rollovers

Spouse beneficiaries may roll their inherited plans according to the rules of the account type. Non-spouse beneficiaries may not roll their inherited accounts unless they inherit additional accounts from the same decedent and combine the accounts.

Wipe Divider Down

OTHER INVESTMENTS

ROI is everywhere if you know where to look.

No financial advisor knows you better than yourself. With a Self-Directed IRA you have the freedom to invest your tax-advantaged retirement funds in the assets you’re most passionate about. From real estate to startups to small businesses to more “out there” opportunities, if you can find it, we will help you fund it.

Slide

EDUCATION CENTER

Want to learn more about Inherited IRA accounts?

Essential Viewing

Play Video
Inherited IRAs

Self-Directed IRA Guide

Investor's Guide
To Self-Directed IRAs