How to Claim Inherited IRAs in Your Stateby Liza Hanks
Retirement accounts, unlike almost any other asset that a person can inherit, are subject to income tax. That means that if you inherit an IRA or a 401(k), when you withdraw the money, you'll have to pay income tax on these withdrawals.
Click on the state-specific article below to learn more about how to claim and manage inherited IRAs and other retirement accounts.
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