Stretch IRA Rules May Change – Retirement Planning

Kent Forsey, CFP® Inheritances, IRA's, Taxes

A widely used method to defer taxes and benefit your children or grandchildren with your unused retirement funds is about to change as new rules are being imposed on distribution of funds from Inherited IRAs, also known as Stretch IRAs. Both the House of Representatives and the Senate have drafted their own versions of the new rules.  The House has …