Michael C. asked

💰  Tax

I inherited an IRA from my mother and want to move it to another financial advisor. Should I cash it out as a lump sum or take it over the 10-year period? Additionally, I want to know the tax implications for taking it out as a lump sum while living in California.

January 26th, 2023

Marco D. answered

The tax implications for withdrawing from an inherited IRA are primarily normal income taxes on the ...

January 26th, 2023

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