Do I have to Take Required Minimum Distributions (“RMDs”) for a Roth IRA?

June 25th, 2012

With a Roth IRA, one is not required to take required minimum distributions, like a Traditional IRA. In addition, if a Roth IRA holder passes away and leaves his or her Roth IRA to a spouse, that spouse is not required to take any required minimum distributions (“RMD”) with respect to the Roth IRA. However, [...]

May 4th, 2012

Many wealthier adult children forget they can disclaim an inherited IRA and pass it along to their children-possibly creating tax-deferred growth for decades, says Adam Bergman, tax attorney at IRA Financial Group. There are two things to keep in mind; First, the IRA or self-directed IRA owner has to fill out the beneficiary designation form in a [...]

September 7th, 2011

By using the self directed IRA real estate structure from IRA Financial Group’s attorneys and putting together a plan that fits your family’s circumstances, the Morgan heirs have the luxury of time to make the right decisions.