The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Inherited IRAs Date:  6/12/2014  4:01 PM
Author:  inparadise Number:  75203 of 88437

The Supreme Court on Thursday ruled unanimously that inherited Individual Retirement Accounts are not afforded the same protection from creditors in bankruptcy proceedings as retirement assets held by the original owner,...

Probably bankruptcy is not an issue for any here, but I wonder if this will be the start of the erosion of beneficial treatment for these accounts. There has already been talk by Obama about making beneficiaries take money out within 5 years of inheriting. Something to keep in mind as you plan your asset allocation to different accounts.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us