My adult kids are big earners. Should I do a Roth conversion now so they aren’t taxed as much on their inheritance?
First publishedAug 6, 13:30 UTC
Last updatedAug 6, 15:41 UTC · 3m ago
1 outlets over time — hover a bar for its window & outletslast updated
Answer
Inherited IRAs can create a tax liability for heirs, but this should not be your first concern.
Reported by 1 outlet — MarketWatch. See all sources ↓
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Why it matters
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In brief
- What's the story?
- Inherited IRAs can create a tax liability for heirs, but this should not be your first concern.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 3m ago.
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My adult kids are big earners. Should I do a Roth conversion now so they aren’t taxed as much on their inheritance?
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Avg source rating 7.0/10Processing cluster
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