Leave the Kids the Roth, Spend the IRA Yourself: The Inheritance Order Most Families Get Backward.
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The post Leave the Kids the Roth, Spend the IRA Yourself: The Inheritance Order Most Families Get Backward. appeared first on 24/7 Wall St..
Most households treat their retirement accounts as the last resort in a spending hierarchy. They spend the checking account first, then the brokerage account, and only touch the IRA when they have to. The Roth sits untouched at the center, protected for “the kids.” The traditional IRA continues to grow because required minimum distributions do n
Most households treat their retirement accounts as the last resort in a spending hierarchy. They spend the checking account first, then the brokerage account, and only touch the IRA when they have to. The Roth sits untouched at the center, protected for “the kids.” The traditional IRA continues to grow because required minimum distributions do n
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