Inherited an IRA? Don't Fall Into the Tax Trap
IRA inheritors should touch nothing until they understand the tax consequences, which can be irrevocable, says IRA expert Ed Slott.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. If you've inherited an IRA from a loved one, you have several important decisions to make. Joining me to discuss that topic is Ed Slott; he is a best-selling author and an IRA expert. Ed, thank you so much for being here.
Ed Slott: Thank you, Christine.