Dan Sipe and Ed Zurndorfer discuss everything you need to know about inheriting your loved ones’ IRA or TSP Account
FEDLIFE Podcast Ep.73: Inheriting an IRA or TSP Account
You inherit your loved ones’ Individual Retirement Plan (IRA) or Thrift Savings Plan (TSP) because you’re named their beneficiary.
Did you know that there are multiple rules and regulations regarding money withdrawal from those accounts?
Trying to decide what time is the correct time to withdraw money from those accounts can be a daunting task.
Dan Sipe and Ed Zurndorfer discuss everything you need to know about inheriting your loved ones’ IRA or TSP, along with what the process entails to become an eligible designated beneficiary during this episode of FedLife Podcast.
Dan and Ed discuss:
- What goes into being an eligible designated beneficiary
- How beneficiaries can stretch out their inherited IRA or retirement plan
- IRA’s update on the secure act regulation
- What happens when you inherit an IRA or TSP
- And More
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“Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Lee, Sipe & Associates, Inc. is not a registered broker/dealer and is independent of Raymond James. Content represents the opinions of the speaker and not necessarily those of Raymond James. Important Disclosure Information: http://raymondjames.com/smicd.htm.