Fact checked by Betsy Petrick You can list a minor as your Individual Retirement Account (IRA) beneficiary, but minors can't ...

Explore the challenges of traditional IRAs in estate planning, comparing ChatGPT's insights with expert critique.

One of those strategies is employing a charitable remainder trust (CRT) as the beneficiary of your IRA. This alternative setup offers a blend of charitable giving and tax benefits. Here's how it ...

“One creative strategy around the 10-year rule, for those who are charitably inclined, is naming a charitable remainder trust as a beneficiary to your IRA,” said Jonathan Shenkman, president ...

In the New Jersey Law Journal's Trusts and Estates/Wealth Management learn about directed trusts for special needs planning, ...

1. You inherited an IRA in 2023, and the owner did not take their 2023 RMD. 2. You are a designated beneficiary who inherited an IRA in 2020, 2021, or 2022, and the owner died on or after their ...

Almost four years after the SECURE Act went into effect, plan administrators, tax practitioners, and certain inherited IRA ...

Also, if you have a charity as your traditional IRA beneficiary, you should definitively NOT convert – because charities don’t pay taxes. And what about those individuals who do not trust the ...

Make Sure the Trust Qualifies for a Life Expectancy Payout As is well known, the Secure Act of 2019 eliminated the life expectancy payout (also called "stretch IRA") for most IRA beneficiaries ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...