Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
Evil Robot
May 20, 2001
Universally hated.
Grimey Drawer

SmuglyDismissed posted:

You can also roll it over into your own Roth IRA instead of taking distributions, I believe.

Poster's title delivers :). This is wrong. You can roll a non-spouse's Roth IRA over to an inherited Roth IRA but RMDs must begin soon (12/31 of the year after the death) or you will have to withdraw it all within 5 years. It looks like the OP already know this though.

On topic actual advice: if you play this right, you can make yourself debt free & set yourself up for a nice retirement by acting wisely today. I would start by reading some materials about financial independence.

Adbot
ADBOT LOVES YOU

  • Locked thread