4/01-How inherited IRAs work

As many Baby Boomers age and pass away, they leave their IRAs to either their spouse or their children.  These are called Inherited IRAs.  But the rules are significantly different than most other IRAs.  If they are not followed, significant penalties may be assessed.  We’ll continue our discussion on what is an Inherited IRA, how they work and most importantly, the rules you must follow.👉 Watch this episode on YouTube: www.youtube.com/@thejonsanchezshow👉 To learn more about retirement planning and wealth management in Reno, visit: sanchezgaunt.com Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.